It seems inevitable that private equity firm, Carlyle Group, is going to file for an IPO. No doubt, there has been a lot a chatter about it.
Well, according to the FT.com [a paid service], Carlyle has a new CFO, Peter Nachtwey. Obviously, this is a critical hire for an IPO (especially in light of the extremely complex issues of alternative investment management companies).
Nachtwey certainly has a sterling resume. He has served as a partner at Deloitte & Touche and even was involved in the audit of the Blackstone Group (NYSE: BX) stock offering.
Although, Carlyle is currently in the process of raising a $15 billion fund. So, in the meantime, it's likely that the firm will focus on that before it makes a filing for an IPO.
But, with $71.4 billion in assets under management, Carlyle should have no problem pulling off an IPO. After all, despite the fall in Blackstone's shares, the valuation is still not cheap.
Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.
New CFO may help Carlyle in IPO quest
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