Carlyle (CG) and State Street's (STT) asset management arm, State Street Global Advisors, are in talks to potentially introduce a new product for retail investors that combines public and private markets, Bloomberg reported Wednesday, citing people with knowledge of the matter.
The talks are preliminary and took place in recent weeks, according to the people cited in the report.
Carlyle and State Street didn't immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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