Financial Times FT.com

Carlyle fund floated after delay and cut

By Ian Bickertonin Amsterdam

Published: July 5 2007 03:00 | Last updated: July 5 2007 03:00

Carlyle, the US buy-out house, yesterday became the latest private equity company to list a fund on the NYSE Euronext bourse in Amsterdam after having earlier delayed the initial public offering because of investor wariness.

The flotation of Carlyle Capital Corporation, a Guernsey-based fund investing in US mortgage-backed bonds, had been put back from Thursday last week as choppy market conditions forced Carlyle to cut the price and size of the offer.

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