Asset manager the Carlyle Group L.P. (CG) said in a regulatory filing on Monday that California Public Employees' Retirement System or CalPERS is offering to sell 11.06 million common units, representing limited partner interests of Carlyle.
CalPERS held 12.72 million shares of the company prior to the offering. The number of common units beneficially owned after the offering will be 1.66 million, representing 3.6 percent, without assuming exercise of the underwriters' option.
If the underwriters exercise in full their option to purchase 1.66 million additional common units, the selling unitholder will sell all of the common units beneficially owned by it.
Carlyle said it is not offering any common units and would not receive any proceeds from the sale. The asset manager will bear some expenses of this offering, which is estimated to be about $590,000.
CG closed up 0.8 percent on Monday at $29.39, but slid 2.1 percent in the extended trade.
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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.