Bush Buddies At The Carlyle Group Mull Multi-Billion Dollar IPO

New York Times:

The Carlyle Group is apparently evaluating an option to go public, despite speculation that the private equity industry's boom may be close to hitting a wall and the news that the Blackstone Group's stock closed below its offering price Tuesday.

"The Blackstone I.P.O. was highly successful. We are certainly evaluating that option as well," Jason Lee, Carlyle's managing director and head of the group's real-estate division in Asia, told Dow Jones Newswires on the sidelines of a real-estate conference in Singapore.

Read the whole story: New York Times