Carlyle Group Steers Through Market Volatility: First-Quarter Profits Soar

Global investment firm Carlyle Group reported a 5.6% profit growth in the first-quarter, aided by increased fees and record-high assets under management totaling $453 billion. Despite market instability, the firm capitalized on management fees and strategic investments. However, Carlyle's shares and peers have seen a significant drop this year.

Global investment giant Carlyle Group demonstrated resilience amidst market turbulence, posting a 5.6% increase in profits for the first quarter. The firm benefitted from heightened fees as its assets under management reached a historic $453 billion.

Despite the economic uncertainty exacerbated by tariff threats, Carlyle leveraged its substantial portfolio for stability, garnering millions in fees even as traditional exit avenues remained limited. Fee-related earnings surged 17% to an unprecedented $310.6 million, bolstered by significant growth in transaction and portfolio advisory fees.

Based in Washington, D.C., Carlyle generated $14.2 billion in inflows, deploying $11.1 billion with $84 billion earmarked for future investment. Despite the positive numbers, the company's shares have tumbled nearly 21% this year, mirroring declines observed in rivals Blackstone, KKR, and Apollo.

(With inputs from agencies.)