US private equity firm Carlyle Group seeks to raise $762.5 million in initial public offering

US private equity firm Carlyle Group is seeking to raise up to $762.5 million in an initial public offering that would value the company at $7.61 billion, according to Reuters.

The world's second-biggest buyout firm by assets under management will offer 30.5 million shares, or 10 percent of its stock, priced between $23 and $25, Bloomberg reported, citing documents filed to the Securities and Exchange Commission on Monday. 

Carlyle, which had about $147 billion in assets under management as of Dec. 31, has helped take over companies ranging from coffee shop chain Dunkin' Donuts to pipeline company Kinder Morgan Energy Partners, Reuters said.

According to the Washington Post, Carlyle is seeking to list on the tech-heavy Nasdaq in the next few weeks and will use the proceeds of the offering to reduce debt and invest in new assets.

Pricing for the IPO is expected on May 2.

The Washington-based firm will start a global roadshow this week with its founders — William Conway, Daniel D'Aniello and David Rubenstein — set to join the marketing efforts as three teams are dispatched to convince investors that the stock is a good investment, Reuters said.

Private equity firms have not fared well in the market. Oaktree Capital Group, the world's largest distressed-debt buyer, raised less than planned last week and has dropped for three days in a row. Firms such as Blackstone and Apollo Global Management have also declined since their debuts, according to Bloomberg.

Carlyle's founders will not sell any of their shares in the offering, the Washington Post said.