The Iron Triangle Not So Private Anymore with CG IPO
May 03, 2012
PE giant The Carlyle Group is completing its journey to the public markets, pricing its IPO at $22 per share yesterday. While below its expected $23 to $25 price range, the chosen per-share price still amounted to a solid total of $671 million for the offering, which included 30.5 million shares. Carlyle begins trading on the NASDAQ today under the symbol CG.