02/06/2011 05:12 am ET Updated May 25, 2011

Carlyle Group IPO Coming In 2011

The Carlyle Group, the District-based investment giant, is saying for the first time that it will likely sell ownership shares to the public, a move that could reap billions of dollars for its partners and require a very private firm to become more transparent.

Although an initial public offering is probably at least a year off, closely-watched Carlyle - with its $98 billion war chest - would allow ordinary individuals to own a piece of its private-equity business, which primarily raises massive pools of money to buy and turn around distressed companies.