Thursday, May 3, 2012

Reuters: Private Equity: Shares of Carlyle Group open at $22

Reuters: Private Equity
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Shares of Carlyle Group open at $22
May 3rd 2012, 14:50

Thu May 3, 2012 10:50am EDT

May 3 (Reuters) - Shares of Carlyle Group LP opened at $22 in their Nasdaq debut on Thursday, flat with the company's initial public offering price.

Shares of the private equity firm climbed as much as 2 percent following the market open.

Carlyle's 30.5 million share IPO priced at $22 on Wednesday night. The original price range was $23 to $25 per unit.

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