New Carlyle Share Disposal in the Offering

By Marc Castro

Apr 24, 2013 08:23 AM EDT

An investor in the Carlyle Group LP is reportedly selling of owned shares worth US$196 million according to an equity markets advisory firm. This is the second block trade involving shareholdings over the firm within the past two months.

There is no indication as to the seller's identity and what shares to be sold. The advisory firm IPO Boutique had confirmed that the six million shares would be sold through a secondary block trade that would have Deutsche Bank Securities underwriting the sale.

The share value of the buyout firm during Tuesday's trading day ending was at US$32.60, an increase of 25.3% from the start of 2013. In the S&P 500 Asset Management and Custody Banks Index, it had a modest 14.7% increase. Those numbers fell as much as 7.6% when an undisclosed shareholder sold their owned 5 million shares through an unregistered block trade valued at US$30.75 per share. This was 5% lower than the March 14 share value trading day ending.

When sought for comments, Carlyle declined to provide any while Deutsche Bank did not immediately give a response to the request made.

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