Carlyle’s Corporate Private Equity Division in 4Q17
On December 21, 2017, The Carlyle Group (CG) announced that Carlyle Growth Investments IV had acquired a majority stake in Visionary RCM Infotech. According to Carlyle, Visionary’s market is expected to witness upward momentum, leading to more opportunities. Carlyle’s corporate private equity division’s performance fees are expected to rise between 3Q17 and 4Q17 due to anticipated positive momentum in carry funds. Higher performance fees would, in turn, boost the division’s total revenue.