As many companies reconsider going public due to stock market volatility, Carlyle Group defied the odds on Wednesday by filing for a $100 million IPO. But why now? "Carlyle is looking at the overall world financial situation, and they don't feel confident when they borrow from banks," says Stephen Leeb, chairman and chief investment officer of Leeb Capital Management Inc. Additionally, Leeb says that Carlyle Group may have become immune to the weakness of banks. "So even though they're not going to get a high multiple on their public offering, they're going to get money in the house, in the shop, that's going to be totally under their control." Leeb also tells The Deal Pipeline whether he thinks private equity firms that go public will continue to display lackluster performance on the market. For more on the reasoning behind Carlyle's IPO filing, read "Carlyle's modest expectations," and for details of the filing read "Carlyle registers for IPO." - Sarah Hashim-Waris