Carlyle boss Harvey Schwartz has seen assets grow, but revenue dip

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Carlyle Group reported another large fall in revenue in the latest quarter.

The private-equity firm on 1 May posted a first-quarter net profit attributable to common shareholders of $65.6m, or 18 cents a share, compared with $100.7m, or 28 cents a share, for the same period a year earlier.

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Carlyle posts drop in Q1 revenue

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