The Carlyle Group (CG) Tops Q1 EPS by 8c

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The Carlyle Group Announces First Quarter 2016 Financial Results

April 27, 2016 6:30 AM EDT

WASHINGTON, April 27, 2016 (GLOBE NEWSWIRE) -- Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) today reported its unaudited results for the first quarter ended March 31, 2016.

Carlyle Co-CEO David M. Rubenstein said, Despite the challenging market backdrop in the first quarter, we deployed a significant amount of capital, produced a reasonable amount of Distributable Earnings and positioned ourselves for strong performance in the coming quarters. We continue to manage our business with a long term perspective, however, the second quarter is already off to a good start.

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