Rolf Banz on investment
A personal perspective on investment issues
  • Home
  • About
  • Archives
Browse: Home / IPO

IPO

Why buy Carlyle?

By Rolf on 1 May 2012

The Carlyle Group is about to go public. The founders of the second-largest private equity group wish to create a vehicle that will allow them to cash out gradually. It is perfectly understandable that they would want to sell some of their holdings. What is much less obvious is why anybody would want to buy. […]

Posted in Comments/ramblings | Tagged IPO, Market efficiency, Private equity

About this weblog and its author

Rolf Banz spent his career in the investment industry in the US, the UK and, most recently, in Switzerland. To older people, he is known as the "father of the small firm effect". This weblog consists of a series of essays and shorter pieces on a range of issues at the intersection of institutional investment and investment theory. Please see this post for a description of the objectives of the weblog and the About page for further information on the author and the site.

Subscribe to feeds

Posts
Comments

Links that inspire

  • Cliff Asness of AQR
  • Matt Levine's Money Stuff

Links just for fun

  • Powers of 10
  • Turning words into graphics

Categories

  • Comments/ramblings
  • Essays
    • Active/passive management
    • Building blocks
    • Investment strategy
    • Wealth preservation
  • Oldies
  • Q&A/misunderstandings
  • Uncategorized

Tag Cloud

Alpha Anomalies Asset allocation Asset pricing Beliefs Bonds Buy-and-hold CAPM Crash Dimson-Marsh-Staunton Emerging markets Empirical research Family wealth Hedge funds Housekeeping Inflation IPO Manager selection Market efficiency Offshore private banking Pension funds Pension liabilities Performance Philosophy Portfolio insurance Private equity Reporting Small caps Smart beta Statistics Structured products Style bias Switzerland TAA

Copyright © 2023 Rolf Banz. Disclaimer/copyright notice.

Powered by WordPress, Hybrid and Outline