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Carlyle misses profit estimates as private equity earnings slide

Carlyle misses profit estimates as private equity earnings slide

FILE PHOTO: The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato/File Photo

Carlyle Group’s distributable fourth-quarter earnings missed market expectations on Tuesday, eclipsing a strong growth in the alternative asset manager’s capital market business and sending its shares down 6.1%.

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