Carlyle Group Q4 Earnings Rise, Revenue Up 83% YOY

The Carlyle Group reported Q4 earnings of $358.1 million, up from $210.9 million YoY, and revenue of $1.9 billion, up from $1.03 billion YoY. The company's total assets under management rose 8% to $477 billion, and quarterly fee-related earnings grew 1% to $290 million. Investment income increased to $1.006 billion from $220.5 million YoY. The stock was up 3.7% in pre-market trading.