Posts with tag Charles Gasparino
Posted Jun 21st 2007 6:00PM by Tom Taulli
Filed under: Private equity, Citigroup Inc. (C), Morgan Stanley (MS), The Blackstone Group, KKR, Texas Pacific Group, The Carlyle Group, Apollo Management
With the
mega offering of Blackstone, it's inevitable that other top tier private equity shops will file to go public. In fact, according to a report from
CNBC's Charles Gasparino, it appears that
KKR is getting its papers together and has even retained
Morgan Stanley (NYSE:
MS) and
Citigroup (NYSE:
C).
While Blackstone is a premier firm, KKR is still the pioneer. Back in the 1970s, the firm invented much of the foundation for private equity.
Although, even if KKR can file a prospectus within the next couple weeks, an IPO is not likely until the fall. It's usually tough to get enough investor interest during the doldrums of the summer.
Gasparino also thinks other firms -- like
Apollo,
Carlyle and
Texas Pacific Group -- will go public.
Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.BloggingBuyouts is provided for informational purposes only. Nothing on the service is intended to provide personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio or securities, transaction, investment strategy or other matter. You are solely responsible for any investment decisions that you make. The contributors who provide the content of BloggingBuyouts may, from time to time, hold positions in the securities discussed at the time of writing and they may trade for their own accounts. Such holdings will be disclosed at the time of writing. By using the site, you agree to abide to BloggingBuyouts' Terms of Use.
