2024-03-21 01:30:58 ET
Summary
- Carlyle Group has achieved revenues of $2.64bn in FY23, down 44.66% YoY, but with a 14.84% increase in free cash flow.
- The company aims to drive stakeholder alignment, optimize capital efficiency, emphasize strategic initiatives, and achieve financial targets.
- Carlyle's stock has outperformed its peers in the private equity industry, but it is currently trading at a premium, limiting its growth prospects.
The Carlyle Group ( CG ) is a Washington, D.C.-based multinational private equity and asset management financial services company with >$426bn in AUM. The company focuses on three primary verticals; Global Private Equity, which comprises the bulk of its operations; Global Credit, focusing on collateralized private credit markets and derivative securities; and Global Investment Solutions, encompassing the firm's more secular asset management streams....
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Carlyle Group: A Strong Company But Trades At A Premium