The Carlyle Group (CG) Tops Q2 EPS by 5c

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The Carlyle Group Announces Second Quarter 2018 Financial Results

August 1, 2018 6:30 AM EDT

WASHINGTON, Aug. 01, 2018 (GLOBE NEWSWIRE) -- Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) today reported its unaudited results for the second quarter ended June 30, 2018.

Carlyle Co-CEOs Kewsong Lee and Glenn Youngkin said, Carlyles momentum continued in the second quarter, with strong fund performance, fundraising and realization activity. We are making progress in growing Fee Related Earnings, with further room to accelerate. In addition, we are excited about our new partnership with AIG and DSA Reinsurance, where our 19.9% investment stake will drive new investment mandates... More