Blackstone, Carlyle Split on Buybacks After Stocks Plummet

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  • Apollo chief Leon Black calls share valuation an 'absurdity'
  • Schwarzman: Blackstone's cash should be for funds, M&A

Carlyle's Profit Declines 57% on Slow Asset Sales

The world’s biggest private equity firms don’t agree on everything, including what to do when public investors are driving down their stock.

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