The Carlyle Group returned to profitability in Q2 of 2020, with a significant rebound from first quarter losses due to the pandemic.
Some key highlights:
- In their latest Q2 earning report, Carlyle reported 13% growth in its PE portfolio
- Carlyle expects to continue experiencing considerable progress in the near future
- The firm posted distributable earnings in Q2 of $198.4M marking a 13% jump in the amount available to pay to shareholders
- Carlyle AuMs grew from $217bn to $221bn