Carlyle Group (CG -7.4%) tumbles as earnings disappoint - especially in light of big results at...

|About: The Carlyle Group (CG)|By:, SA News Editor

Carlyle Group (CG -7.4%) tumbles as earnings disappoint - especially in light of big results at its P-E competitors. Management is focusing on fundraising - twice as much in 2012 as 2011, but economic net income fell 28%, with performance fees off 41%. The stock is up 54% since its May IPO.