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September 6, 2011 8:11:26 AM
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Carlyle Group filed documents with the federal regulators to take itself public, peeling away the cover on the inner financial workings at the intensely private investment giant for the first time.
The District-based powerhouse, which manages approximately $150 billion in assets, filed with the U.S. Securities and Exchange Commission amidst strong economic headwinds that threaten to curtail the economic recovery.
Today’s filing puts the process for selling stock in motion. The initial offering could be at least six months or more, and in far different economic conditions.
For more information, visit washingtonpost.com
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