Global alternative asset manager Carlyle Group L.P.'s (CG) posted second-quarter 2014 GAAP net income attributable to the company of $19.5 million, or $0.27 per common unit, as against a loss of $3.3 million, or $0.07 per common unit, in the previous year.
Quarterly economic net income amounted to $318 million on a pre-tax basis and $0.73 per adjusted unit on a post-tax basis, supported by 5% carry fund portfolio appreciation in the 2014 second quarter, the company said. The firm also recorded $324 million of distributable earnings on a pre-tax basis and $1.0 billion over last twelve months; $0.93 per common unit on a post-tax basis in the recent quarter.
Year-over-year, total revenues for the quarter advanced to $1.14 billion, from $769.3 million.
Carlyle Co-CEO, David Rubenstein, said, "Carlyle raised a significant amount of capital in the second quarter. Our track record, combined with increased demand for alternative investment strategies from large limited partners, led to substantial new fund commitments. Fundraising in our Real Assets segment was particularly strong this quarter."
In addition, the board has declared a quarterly distribution of $0.16 per common unit to holders of record at the close of business on August 11, 2014, payable on August 22.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.