Carlyle PE platform appreciates 32 pct, raises $20.5 bln in 2017

Carlyle Group, Kewsong Lee, Glenn Youngkin, private equity
  • "It will be difficult" to match 2017's performance: Lee
  • Recent stock market volatility “feels more like a healthy correction,” says Lee
  • LPs recognize need to boost risk exposure via alternatives: Youngkin
Carlyle Group set records for fundraising and distributions in 2017, investing $22 billion in new assets while raising $43 billion toward the $100 billion goal the firm set in 2016. In a fourth-quarter earnings call, Co-CEO Kewsong Lee — who took ...
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