Skip to content
Subscriber Only

Carlyle Lags Blackstone in Moving Beyond Leveraged Buyouts

Carlyle Group LP disclosed in a filing to go public how much it has trimmed its reliance on corporate buyouts and how far it has to go to catch Blackstone Group LP in the race among private-equity firms to diversify.

Funds investing in real estate, infrastructure and energy accounted for about 17 percent of profit in the first half, up from 9 percent in all of 2010, Washington-based Carlyle said yesterday in the registration statement for its initial public offering. The unit that runs hedge funds and structured-credit funds generated 14 percent of earnings in the first six months.