NEW YORK—Carlyle Group Inc. said on Thursday its third-quarter distributable earnings jumped nearly fivefold, driven by record asset sales mostly in its private equity portfolio.
Distributable earnings reached a record $731 million, up from $152 million a year earlier. Carlyle reported after-tax distributable earnings per share of $1.54, which exceeded the average Wall Street analyst forecast of $1.02, according to Refinitiv.
