Carlyle Group files SEC documents so it can go public

Carlyle Group filed documents with federal regulators to take itself public, peeling away the cover on the inner financial workings at the intensely private investment giant for the first time.

The District-based powerhouse, which manages approximately $150 billion in assets, filed a 400-page document with the U.S. Securities & Exchange Commission in preparation for a $100 million initial public offering.

The document does not say where the company will sell its shares or when. But Tuesday's filing puts the process for selling stock in motion. The initial offering could be at least six months away, or more, and could take place in far different economic conditions.

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Jon Cohen 06 Sep, 2011

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