Business News : Buyout firm Carlyle seeks $762.5 million in IPO: source

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NEW YORK (Business News) - Private equity firm Carlyle Group LP is seeking to raise between $ 701.5 million and $ 762.5 million by selling about 11 percent of itself in its initial public offering (IPO) in early May, a person familiar with the matter said on Sunday.


Carlyle is expected to file an IPO registration document on Monday stating it is looking to sell 30.5 million units at between $ 23 and $ 25 per unit, the source said. The greenshoe option includes 4.5 million more units, the source added.

Carlyle declined to comment.


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