23.30 -0.25 (-1.06%)
After hours: 4:14PM EDT
|Bid||23.00 x 1800|
|Ask||23.75 x 800|
|Day's Range||23.35 - 23.85|
|52 Week Range||19.50 - 25.90|
|PE Ratio (TTM)||13.08|
|Earnings Date||Aug 1, 2018|
|Forward Dividend & Yield||1.58 (6.68%)|
|1y Target Est||27.67|
Jun.28 -- David Rubenstein, The Carlyle Group co-founder and co-executive chairman, discusses global trade tensions and his outlook for the U.S. economy with Bloomberg's Erik Schatzker on "Bloomberg Markets." Rubenstein also hosts "The David Rubenstein Show: Peer-to-Peer Conversations" on Bloomberg Television.
A group of investors in Abraaj Group’s near-$1 billion sub-Saharan Africa fund are seeking a new manager, potentially complicating a broader sale process for the embattled firm’s asset management unit, according to people familiar with the matter. Investors in the $990 million Abraaj Africa Fund III want to replace the Dubai-based company and have reached out to potential investors including Carlyle Group LP and London-based private equity investor Actis LLP, the people said, asking not to be identified as the matter is private. Representatives for Abraaj, Carlyle and Actis declined to comment.
BlackRock (BLK), the world’s largest asset manager, saw $14 billion in long-term flows in the second quarter, helped by $5 billion inflows from retail and $18 billion in ETFs, partially offset by outflows of $9 billion from the Institutional segment. The pace of new flows has declined substantially from $55 billion in the previous quarter and $94 billion in the second quarter of last year.
Scale is still the name of the game in government contracting M&A, no matter how much companies downplay it.
LP appointed Minoru Koshibe as a senior adviser on Carlyle Japan’s advisory team. Washington, D.C.-based Carlyle closed in June on $6.55 billion for a new fund to invest across the Asia-Pacific region in technology, consumer and other sectors.
Germany's Linde (LING.DE) and U.S. group Praxair (PX.N) are in advanced talks to sell assets to a consortium of German gases firm Messer Group GmbH and funds advised by CVC [CVC.UL] to gain regulatory approval for their planned $83 billion (62.82 billion pounds)merger. The talks are over the majority of Linde's gases business in North America and certain Linde and Praxair assets in South America, Linde said on Thursday. Linde and Praxair, which supply a wide range of gases from oxygen to helium, need to sell assets to gain regulatory approval for their all-share merger which will create a global leader in the sector.
July 10 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email email@example.com. BANK OF AMERICA MERRILL LYNCH The ...
Global alternative asset manager Carlyle Group LP said on Tuesday it has hired Taj Sidhu as managing director to lead its credit opportunities team in Europe. Sidhu, who is based in London, was previously ...
LONDON, UK / ACCESSWIRE / July 9, 2018 / If you want a free Stock Review on VOYA sign up now at www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on The Carlyle Group L.P. (NASDAQ: CG), Voya Financial Inc. (NYSE: VOYA), Waddell & Reed Financial Inc. (NYSE: WDR), and WisdomTree Investments Inc. (NASDAQ: WETF).
KKR & Co (KKR.N) transforms into a corporation on Sunday, a change that should help the U.S. private equity firm tap a new pool of investors for its stock. What remains to be seen is if, given the new option, active fund managers will want to buy what KKR is selling. The change by KKR, which made its name through leveraged buyouts in Corporate America in the 1980s, to so-called C-Corp from a publicly traded partnership (PTP) will mean a bigger tax bill.
David Rubenstein, The Carlyle Group co-founder and co-executive chairman, discusses global trade tensions and his outlook for the U.S. economy with Bloomberg's Erik Schatzker on "Bloomberg Markets." ...
Carlyle Group LP co-founder David Rubenstein sees a cautious investment climate, but no clear signs of an impending recession.
In the second quarter, The Carlyle Group’s (CG) EPS may rise sequentially because of equity market recovery. Improving equity markets boost its AUM (assets under management), improving its revenue. Of the 12 analysts covering Carlyle, four recommend “strong buy,” five recommend “buy,” and three recommend “hold.” Their ratings have stayed the same over the past few months.
Alternative asset managers’ (XLF) performance is primarily assessed using four metrics: fundraising realizations deployments investment performance
The Carlyle Group’s (CG) NTM (next-12-month) PE ratio is 8.4x, lower than competitors’ average of 11.1x. Peers’ NTM PE ratios are as follows: KKR (KKR): 10.6x Blackstone (BX): 10.7x Apollo Global Management (APO): 12.1x
The Carlyle Group’s (CG) real assets segment ended the first quarter with total AUM (assets under management) of $44 billion, of which legacy energy AUM comprised $5 billion, real estate comprised $19 billion, and natural resources comprised $20.1 billion. In the first quarter, the real assets segment’s fee-related earnings rose substantially YoY (year-over-year) to $24 million, supported by fund management fees. The segment’s deployments rose YoY to $1.9 billion, and its fund management fees rose YoY to $74 million from $56 million.
The Carlyle Group’s (CG) corporate private equity segment saw fundraising of $3.9 billion in the first quarter, compared with $0.2 billion in Q1 2017. Meanwhile, competitors (XLF) Apollo Global Management (APO) and Blackstone (BX) saw inflows of $461 million and $4 billion in their respective private equity segments, and KKR (KKR) ended the first quarter with AUM (assets under management) of $102.2 billion in its private market segment.
In the first quarter, The Carlyle Group’s (CG) carry funds rose 3% amid equity volatility, mainly because of tariff fears and interest rates talks. The second quarter kicked off with a strong earnings season, boosting markets. Later on, the jobs report, which indicated improving employment conditions, helped equity markets.
Carlyle Group closed the new fund—aimed at investing in technology, consumer and other sectors across the Asia-Pacific region—after it surpassed its target of $5 billion.
Carlyle Group (CG.O) said on Thursday it had raised $6.55 billion (4.98 billion pounds) for its Asia private equity fund, its biggest ever, which will seek buyout and strategic investment opportunities across a wide range of sectors in the region. The latest fund is more than Carlyle's initial target of $5 billion and 65 percent bigger than its previous Asia buyout fund, said the U.S.-based private equity firm with $201 billion of assets under management globally. Reuters reported last month, citing people with knowledge of the matter, that Carlyle had raised its Asia fundraising target following a strong response from its investors and that it was looking to close the fund at $6.5 billion.
Carlyle Group (CG.O) said on Thursday it had raised $6.55 billion for its Asia private equity fund, its biggest ever, which will seek buyout and strategic investment opportunities across a wide range of sectors in the region. The latest fund is more than Carlyle's initial target of $5 billion and 65 percent bigger than its previous Asia buyout fund, said the U.S.-based private equity firm with $201 billion of assets under management globally. Reuters reported last month, citing people with knowledge of the matter, that Carlyle had raised its Asia fundraising target following a strong response from its investors and that it was looking to close the fund at $6.5 billion.
NEW YORK/FRANKFURT (Reuters) - Taiyo Nippon Sanso Corp and private equity firm Carlyle Group have emerged as frontrunners to buy assets that gases groups Linde and Praxair need to divest to seal their planned merger, people close to the matter said. Taiyo is in the frame to bag the European package, while Carlyle would take the U.S. assets, they said. The two deals could clear the way to secure the $83 billion all-share merger of equals that Munich-based Linde and Danbury, Connecticut-based Praxair struck to create a global leader in gas distribution, with revenues of almost $29 billion and 88,000 staff.