Wednesday, September 7, 2011

CARLYLE GROUP PLANS IPO






The Washington based, global alternative asset managing firm Carlyle has filed documents to go public. The firm which manages 150 plus billion, intends to use the IPO proceeds to repay debt and for general corporate purposes. Carlyle operates across four segments – corporate private equity, real assets, global market strategies and fund of funds solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America focusing on aerospace, defense & government services; consumer & retail; energy; financial services; healthcare; industrial; technology & business services; telecommunications & media; and transportation. The Carlyle Group employs more than 1,100 people in 22 countries.

Recently the Carlyle Group announced it would invest US$26 million into Value & Budget Housing Corporation (VBHC), a pioneer in the construction and development of affordable entry level housing in India.

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