Carlyle ipo shares prices outlook

Carlyle ipo shares prices outlook,Carlyle stock symbol, Carlyle stock prices, Carlyle ipo release date : Carlyle Group LP is eyeing a market valuation of $7.5 billion to $8 billion in an initial public offering (IPO), as the US private equity firm prepares to kick off a marketing blitz to investors, perhaps as soon as next week, said a source with knowledge of the situation.

Carlyle, which has $147 billion in assets under management, plans to sell a 10 per cent stake to raise $750 million to $800 million in the IPO, the source told Reuters on Tuesday.

The firm had said in a regulatory filing earlier this month that it might sell a 10 percent stake but its expectation on market value was not previously known.

Carlyle declined to comment.

Carlyle's market value represents a significant comedown from the peak of the private equity industry in 2006-2007, when easy credit spurred the largest leveraged buyouts of all-time. In 2007, Abu Dhabi state investment firm Mubadala paid $1.35 billion for a 7.5 per cent stake in Carlyle, valuing the private equity firm at $18 billion.

Blackstone Group LP, which went public in 2007, raised about $7 billion by selling a 24 percent stake at the time, implying a value of around $29 billion. Blackstone, which had $166 billion under management at the end of 2011, has a current market capitalization of $16.5 billion.

The sharp difference in the estimated market value of Carlyle and that of Blackstone, even though the latter manages only slightly more assets, highlights the difficulty investors have in valuing private equity firms.

“Although these companies are all thrown into the same bucket in the eyes of many, under the hood their operations and culture and the way they share economics are all different,” said David Snow, founder of PrivCap, a media company that covers the private equity market.

For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

Related Post:

ipo market. stock

• Silver Spring Networks ipo shares prices opened at $22
• Pfizer animal health Zoetis Ipo shares prices
• healthcare realty trust ipo common stock prices
• GlobeImmune ipo stock price
• Astro Malaysia Holding ipo stock price range
• Trulia ipo stock price range and symbol
• Japan Airlines IPO Stock release date september 19 2012
• Japan Airlines IPO stock prices range
• Debut Far East Hospitality Trust 8/27/2012
• Far east hospitality trust ipo stock prices
• Hi-Crush Partner ipo stock prices range
• Manchester United IPO stock predictions
• Bloomin' Brands ipo stock price range
• manchester united ipo prospectus
• Globus Medical IPO Stock price range per share
• Manchester United IPO stock Prices
• five below inc ipo shares prices and stock symbol
• Kayak ipo shares price and stock symbol
• Palo Alto Networks ipo stock symbol and shares prices
• Fender ipo stock symbol and shares prices
• Formula One IPO prospectus Singapore next week
• Speciality Restaurants IPO shares prices, prospectus
• Lantronix IPO file prospectus, shares prices
• LINC Logistics IPO shares prices, stock symbol
• Edgen IPO shares prices, stock symbol