Tuesday, 1 September 2015
Last updated 19 min ago
Oct 10 2013 | 8:51am ET
The Carlyle Group posted further gains in the third quarter, but fell far shy of its goals.
The private-equity giant said its funds rose 4% during the quarter. The return is slightly below the 4.7% achieved by the Standard & Poor's 500 Index, but only half the 8% jump posted by Carlyle's preferred benchmark, the MSCI All Country World Index.
Carlyle's carry fund valuations are up 13% for the year.
The Washington, D.C.-based firm's growth-capital funds rose 7% on the quarter. Its buyout funds added 5%, its real-estate funds 3% and its global market strategies funds 2%. The firm's energy funds were flat.
May 27 2015 | 2:15pm ET
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