The Carlyle Group (CG) Tops Q1 EPS by 71c

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The Carlyle Group Announces First Quarter 2017 Financial Results

May 3, 2017 6:30 AM EDT

WASHINGTON, May 03, 2017 (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, 2017.

Carlyle Co-CEO David M. Rubenstein said, Carlyle produced its second strongest value creation quarter since going public five years ago.  Our portfolio performed well in virtually every sector and every region, appreciating by 6% and leading to a 34% increase in our net accrued carry in the first quarter. The long term strength of the underlying portfolio supports our goal to raise $100 billion... More