A Carlyle Group LP investor plans to sell shares worth $196 million as of the end of Tuesday, an equity capital markets advisory firm said, the second block trade involving the alternative asset manager in a little over a month. The identity of the seller and the price at which the shares will be sold were not clear. IPO Boutique said that 6 million shares would be sold on Wednesday in a secondary block trade underwritten by Deutsche Bank Securities.Carlyle failed to comment while a Deutsche Bank spokeswoman did not immediately respond to a request for comment.Carlyle shares ended trading at $32.60 on Tuesday, up 25.3 percent since the start of the year, compared to 14.7 percent rise in the S&P 500 Asset Management & Custody Banks index .Carlyle shares fell as much as 7.6 percent on March 15 after an undisclosed investor sold 5 million shares at an unregistered block trade for $30.75, a 5 percent discount to the previous day's closing share price.
Shares of CG fell by 0.03% or $-0.01/share to $32.60. In the past year, the shares have traded as low as $20.00 and as high as $37.89. On average, 266982 shares of CG exchange hands on a given day and today's volume is recorded at 168338.
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