Carlyle Group LP plans to raise $7.5 billion to $8 billion as it sells a 10 percent stake in an initial public offering announced last month, reports said Tuesday. The private equity firm is expected to initiate a marketing campaign as soon as next week to muster support for its offering from potential investors.
The company is reported to send three teams on a global marketing tour with each team including one of the company's three founders. However, if the stock market continues to fall and investors do not pay much attention to Oaktree Capital Group LLC's IPO, Carlyle may delay the roadshow.
The IPO is expected next month. Carlyle has not fixed a price range for the offering. The company's stock will trade on the Nasdaq stock market under the ticker symbol CG.
Carlyle has $147 billion in assets under management. Its peer Blackstone Group LP (BK) raised about $7 billion in a 2007 IPO in which it sold a 24 percent stake.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.