Carlyle Group seeks to raise a record $27B for new private-equity fund

  • Carlyle Group (NASDAQ:CG) is in talks with investors to raise as much as $27B for its latest flagship fund, what would amount to the industry's largest private-equity fund, Bloomberg reports, citing people familiar with the matter.
  • The size of the fund could change as a result of the talks, they said. If Carlyle is able to gather that much, it would exceed Blackstone Group's record $26B it raised for a fund in 2019.
  • Private-equity fundraising has been rising as investors look to alternative asset investments for greater yields. Earlier this month, Hellman & Friedman raised $24.4B for its latest flagship fund, its biggest to date.
  • According to data firm Preqin, private equity firms pulled in $514B in H1 of 2021, up 70% from H1 2020.
  • Carlyle's eighth flagship fund will include a strategy dedicated to growth-focused companies, Bloomberg reports, citing people familiar. It will invest in health care, retail, and technology sectors, they said.
  • YTD, Blackstone shares have risen 74%, while KKR has climbed 51% and Carlyle shares have gains 49%, all exceeding the S&P 500's 17% rise during the same period.

    For this year the company from Washington could earn a total revenue around 3.31 billion USD. This is according to the average of the analysts' estimates. This is rather significant more than 2021's revenue of 2.93 billion USD.

    Historical revenues and results The Carlyle Group L.P. plus estimates 2021

    aandelenanalyse

    The analysts expect for 2021 a net profit of 1.17 billion USD. For this year most of the analysts expect a profit per share of 3.17 USD. So the price/earnings-ratio equals 15.3.

    For this year most of the analysts expect a dividend of 1 USD per share. The dividend yield is then 2.06 percent. The average dividend yield of the real estate companies is a relatively high 3.06 percent.

    The Carlyle Group L.P.'s market capitalization is based on the number of outstanding shares around 5.72 billion USD. 81

    Historical stock prices The Carlyle Group L.P.

    stock graphs thecarlylegroupl.p.

    On Thursday the stock closed at 48.5 USD.

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