Carlyle Profit Falls 78% in Quarter on Lower Portfolio Gains

Updated on
  • Declines in Asian holdings offset U.S. buyouts, real estate
  • Global stock slump also hit peers Blackstone, KKR in quarter

Carlyle Group LP said first-quarter profit declined 78 percent as its holdings didn’t appreciate as quickly as a year earlier.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.