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Carlyle Quarterly Profit Falls on Compensation Costs
Carlyle Group Inc. said its profit fell as its performance-related compensation costs climbed in the second quarter. The private-equity firm on Thursday posted net income of $145.9 million, or 41 cents a share, compared with $154.1 million, or $1.23 a share, in the comparable quarter last year. Performance allocations and incentive-fee-related… Source link
Carlyle Group Inc. said its profit fell as its performance-related compensation costs climbed in the second quarter.
The private-equity firm on Thursday posted net income of $145.9 million, or 41 cents a share, compared with $154.1 million, or $1.23 a share, in the comparable quarter last year.
Performance allocations and incentive-fee-related…