Saturday, 30 July 2016
Last updated 7 hours ago
Jul 9 2014 | 9:28am ET
The Carlyle Group said its fee-earning funds returned 5% in the second quarter and are up 11% in 2014.
All of the private-equity giant’s carry funds posted gains in the second quarter. The $199 billion firm said those funds returned 13% through the first six months of the year.
Carlyle’s distressed Global Market Strategies Funds soared 12% in the second quarter, boosting their year-to-date returns to 16%. Its real-estate funds returned 4% in the second quarter and its energy funds 2%.