The Carlyle Group Inc

CG: XNAS (USA)
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Carlyle Group Earnings: Solid Second Quarter; Shares Fairly Valued

Carlyle Group exited June with $334.4 billion in fee-earning assets, up 0.3% sequentially and 3.0% year over year. Revenue increased 13.0% year over year to $1.1 billion in the second quarter, and fee-related earnings rose 10.6% to $358 million. Distributable earnings came in above expectations.

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