Monday, December 14, 2009

Carlyle Group's China Register Ringing

Three of The Carlyle Group's Chinese affiliates went public in Hong Kong and New York. Carlyle's press release stated proceeds totaled $780 million. The affiliates are:

China Forestry Holdings Co., Ltd.
Kaisa Group Holdings Ltd.

Concord Medical Services Holdings Ltd.

China Pacific Insurance is next up, expecting $3.8 billion in proceeds. While Carlyle isn't selling any shares, it could benefit from any special dividend distributions, like one planned for affiliate Booz Allen Hamilton.

Cobalt International Energy will conduct a $1.1 billion IPO this week. At this rate Carlyle won't have any presents left to open on Christmas morn.

Next stop on Santa's corporate train? Indonesia.