Carlyle Shares Edge Toward Key Level With New Defense Focus
Carlyle Group launched a new middle-market platform for aerospace, defense, government, and industrial deals in the U.S. and Europe, aiming at smaller firms. Carlyle shares were quoted at $45.65, up 0.5% in late Tuesday trading, ahead of CEO Harvey Schwartz’s appearance at Bernstein’s conference. The firm reported $475 billion in assets under management as of March 31. KKR remains active in the sector with recent aerospace deals.