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===Ownership changes=== For the first 25 years of its existence, Carlyle operated as a private partnership controlled by its investment partners. In 2001, the [[California Public Employees' Retirement System]] ([[CalPERS]]), which had been an investor in Carlyle managed funds since 1996, acquired a 5.5% holding in Carlyle's management company for $175 million.<ref>{{cite news|last=Scannell|first=Kara|date=February 2, 2001|title=Deals & Deal Makers: Calpers Buys 5% Stake in Carlyle Group For $175 Million, Invests in Some Funds|newspaper=The Wall Street Journal|url=https://www.wsj.com/articles/SB981067457259999794|access-date=August 21, 2020}}</ref> The investment was valued at about $1 billion by 2007 at the height of the 2000s buyout boom.<ref name="Heath2007">{{Cite web|last=Heath|first=Thomas|date=September 21, 2007|title=Government of Abu Dhabi Buys Stake in Carlyle|url=https://www.washingtonpost.com/wp-dyn/content/article/2007/09/20/AR2007092000451.html|archive-url=https://web.archive.org/web/20081014051109/http://www.washingtonpost.com/wp-dyn/content/article/2007/09/20/AR2007092000451.html|archive-date=October 14, 2008|newspaper=The Washington Post}}</ref> In September 2007, [[Mubadala Development Company]], an investment vehicle for the government of [[Abu Dhabi (emirate)|Abu Dhabi]] of the [[United Arab Emirates]], purchased a 7.5% stake for $1.35 billion.<ref name="Heath2007" /><ref>{{cite news|last=Sorkin|first=Andrew Ross|date=September 21, 2007|title=Carlyle to Sell Stake to a Mideast Government|newspaper=The New York Times|url=https://www.nytimes.com/2007/09/21/business/worldbusiness/21carlyle.html|access-date=August 21, 2020}}</ref> In February 2008, California legislators targeted Carlyle and Mubadala, proposing a bill that would have barred CalPERS from investing money "with private-equity firms that are partly owned by countries with poor records on human rights." The bill, which was intended to draw attention to the connection between Carlyle and Mubadala Development, was later withdrawn.<ref>{{cite news|last=Kasler|first=Dale|date=April 9, 2008|title=Bill limiting CalPERS, CalSTRS investments withdrawn|newspaper=[[The Sacramento Bee]]|url=http://www.sacbee.com/103/story/849713.html|archive-url=https://web.archive.org/web/20090215160947/http://www.sacbee.com/103/story/849713.html|archive-date=February 15, 2009}}</ref> In May 2012, Carlyle completed an initial public offering of the company, listing under the symbol CG on the [[NASDAQ]]. The firm, which at the time managed about $147 billion of assets, raised $671 million in the offering. Following the IPO, Carlyle's three remaining founding partners, Rubenstein, D'Aniello and Conway retained the position as the company's largest shareholders.<ref>{{cite news|last1=Zuckerman|first1=Gregory|last2=Cowan|first2=Lynn|date=May 2, 2012|title=Carlyle Prices IPO at Lower Range|newspaper=The Wall Street Journal|url=http://online.wsj.com/article/SB10001424052702304743704577380111481098448.html|access-date=August 21, 2020}}</ref> In June 2017, Carlyle took its non-traded BDC, TCG BDC, Inc., public in the first business development company IPO since 2014.<ref>{{cite web|title=TCG BDC, Inc.|url=http://bdcstocks.com/tcg-bdc-inc-cgbd/|access-date=July 3, 2017|website=BDC Stocks}}</ref><ref>{{cite web|date=June 13, 2017|title=TCG BDC, Inc. Prices Public Offering|url=https://www.carlyle.com/media-room/news-release-archive/tcg-bdc-inc-prices-public-offering|access-date=July 3, 2017|website=The Carlyle Group}}</ref> The Carlyle Group has been a majority shareholder of [[Seidor (company)|Seidor]] since August 2024.<ref>{{Cite web |last=Galisteo |first=Alejandro |date=2024-08-20 |title=El fondo Carlyle compra el 60% de la tecnológica catalana Seidor |url=https://www.epe.es/es/activos/20240820/fondo-carlyle-compra-60-tecnologica-107178650 |access-date=2025-01-14 |website=El Periódico de España |language=es}}</ref>
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