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Carlyle in talks with Japanese investors over TCW stake sale

The private equity firm has ramped up its efforts to sell all or part of its 60% stake in the asset manager

Carlyle in talks with Japanese investors over TCW stake sale

Private equity firm Carlyle Group is in talks with bidders, including Nippon Life Insurance and Mitsubishi UFJ Financial Group, about selling its stake in a Los Angeles-headquartered bond manager, write Sarah Krouse, Justin Baer and Miriam Gottfried for The Wall Street Journal.

Carlyle has been exploring the sale of at least part of its 60% stake in $200bn asset manager TCW Group for months. It bought the stake from Societe Generale in 2013.

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