investing

Private equity group Carlyle abandons partnership status, dual share class

Private equity group Carlyle abandons partnership status, dual share class

Converting to a corporation would improving the Carlyle’s share price and qualify for inclusion in more indices such as the Russel and the S&P. This move follows on the trend of other private equity firms such as Apollo, Blackstone and KKR that have converted their status to appeal to a wider group of investors.