Kohlberg Kravis Roberts & Co and other private-equity firms are eyeing a buyout of Societe Generale's asset management subsidiary TCW Group, the New York Post said, citing sources.
Talks between SocGen and the private-equity firms are informal at the moment, the paper said.
The paper said a private-equity firm could help TCW recapitalize its ownership or assist in a management-led buyout.
TCW's interim chief executive Marc Stern, told the paper that private-equity firms may participate in a recapitalization of TCW but denied that SocGen was planning an outright sale of the unit.
Whether private equity could be involved is something that could be considered, Stein told the paper.
KKR and TCW could not be immediately reached for comment by Reuters.
(Reporting by Ajay Kamalakaran in Bangalore; Editing by Derek Caney)