The Carlyle Group Inc. (CG)

Carlyle Deal Sales Buoy Profits But Shrink Firm’s Assets

(Bloomberg) -- Carlyle Group’s private equity dealmakers stepped up the pace of exiting investments in the first quarter, driving profits higher but shrinking assets managed. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyJerome Powell Offered Markets a Reprieve.