Washington-based Carlyle Group, the global capital management firm, submitted paperwork to the Securities and Exchange Commission ahead of a planned $100 million initial public opening, according to media reports on Tuesday.
The 400-page document does not say when or where the firm plans to go public, The Washington Post reported, but Carlyle is aiming for the first half of 2012, according to The Wall Street Journal.
Carlyle Group manages about $150 billion in capital and owns a variety of assets, including "Asian forests, a Brazilian lingerie firm, Nielsen Co., a truck transmission manufacturer, and a group of rest stops along Connecticut highways," The Post reported.
The SEC filing gets Carlyle's regulatory review process under way, a process that aims to give potential investors enough information to decide whether to buy shares. The decision to go public was expected, according to The Post, and it allows the firm's founders to lay out a succession plan.
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