Carlyle Third-Quarter Profit Beats Estimates on Higher Asset Sales
Carlyle's third-quarter profit exceeded estimates as asset sales picked up.
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06:04:42 PM UTC
SquawkNews
By Arasu Kannagi BasilCarlyle Group NASDAQ:CG exceeded third-quarter profit expectations on Thursday as the asset manager monetized more private equity investments and returned cash to investors.The traditional private equity model of buying and selling companies has been hampered by rising inter…