Private equity giant Carlyle files to go public

The Carlyle Group filed on Tuesday for an initial public offering of its common units as it looks to join rivals Blackstone and KKR as listed private equity firms, but the filing comes amid deep uncertainty on global equity markets.

The U.S. IPO market has struggled as concerns about Europe's debt crisis and a weak recovery in the United States have made markets volatile. A number of deals were withdrawn last month.

"If Carlyle files in this timeframe, in basically a market meltdown, something doesn't seem right," said Scott Sweet, senior managing partner at IPO Boutique.

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- Posted: 2011-09-06 09:42:15

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