Carlyle Shares Rise as Profit Beats Estimates, Firm Tops Targets

Carlyle Group Inc. shares advanced after the alternative asset manager exceeded its goals for fee-related earnings and asset growth in 2025, while posting fourth-quarter results that surpassed Wall Street estimates.

Shares of Carlyle rose as much as 10.95% to $61.48 on Friday alongside a broader stock recovery among its peer group. Shares of the biggest alternative asset managers have sold off in recent days amid concern about software and private credit risks.