Tuesday, September 6, 2011

The Ultimate Insider Firm Files for an I.P.O.

The Carlyle Group has filed for an initial public offering.  Founded in 1987, the Washington-based firm manages $153 billion in assets across 86 funds and 49 fund of funds, according to the filing. It employs more than 1,100.  At various times they have put on their payroll or used as consultants, George H.W. Bush, John Major, James Baker and neo-con Norman Pearlstine, among others.

Of note, the firm’s offering will be led by JPMorgan Chase, Citigroup and Credit Suisse. Goldman Sachs is nowhere to be seen as a lead underwriter.


  1. Wow, if this isn't the death knell of the American Empire I'm not sure what would be. The rats are cashing in their chips before they jump into the lifeboats.

  2. Every S-1 tells a story. I'm at Chapter One: Sprinting to a Low Tax Finish