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


Carlyle Group, Kewsong Lee, Glenn Youngkin, private equity
Kewsong Lee, Managing Director for Carlyle Group attends the Bloomberg Global Business Forum in New York City, U.S., September 20, 2017. REUTERS/Brendan McDermid
  • "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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