Carlyle Group files for $100M IPO

The Carlyle Group files documents with the SEC to sell shares to the public.

The Carlyle Group, a private-equity powerhouse that has invested in several government contractors over the years, filed for an initial public offering today, reports the Washington Post.

While the filing does not specify where or when the company will begin to sell its shares, the Securities and Exchange Commission was handed a 400-page document by the Washington, D.C.-based firm “in preparation for a $100 million initial public offering,” the article said.

The Carlyle Group manages about $150 billion in assets and its investments include 270 companies and properties around the globe, the newspaper said. Among its government-related investments are Washington Technology Top 100 companies Booz Allen Hamilton, Arinc and Qinetiq.