Tuesday, 25 October 2016
Last updated 23 min ago
Jan 9 2013 | 12:30pm ET
The Carlyle Group's funds rose a combined 14% last year, the firm said.
The private-equity giant's carry funds, which account for most of its funds, added 4% in the fourth quarter before fees and expenses.
The firm's global market strategies funds—credit, direct-lending and distressed strategies—did best last year, rising 23%, including 5% last quarter. Carlyle's buyout funds were up 17% (5% in Q3), its private-equity growth funds 12% (6% in Q3), its real-estate funds 13% (1% in Q3) and its energy funds 7% (1% in Q3).