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Private equity firm Carlyle Group is also planning an IPO. It is expected that JPMorgan Chase & Co, Citigroup Inc and Credit Suisse Group Ltd will lead Carlyle’s IPO, two sources familiar with the process said on Friday.

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Los Angeles, California-based Oaktree, which was formed in 1995, has hired Goldman Sachs and Morgan Stanley to underwrite its offering.

Distressed debt and real estate investor Oaktree Capital Group filed with U.S. regulators to raise up to $100 million in an initial public offering of its class A units, the latest financial firm to seek a public listing.

The company, which listed shares four years ago on a quasi-public exchange set up by Goldman Sachs (GS.N), manages over $80 billion, rooted mostly in debt investments.

The company did not reveal how many shares it planned to sell or their expected price. It plans to list its Class A units on the New York Stock Exchange under the symbol “OAK.”

The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO can be different.

Shayne Heffernan

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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Chutinush Taksinapinunt (ANISTA)

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Heffernan Capital Management

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