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Latest news with #Carlyle Group

Carlyle Hires Goldman Executive Chi to Grow Credit Business
Carlyle Hires Goldman Executive Chi to Grow Credit Business

Bloomberg

time22-07-2025

  • Business
  • Bloomberg

Carlyle Hires Goldman Executive Chi to Grow Credit Business

Carlyle Group Inc. hired a Goldman Sachs Group Inc. executive to lead its direct lending arm as the money manager works to grow its private credit business. Alex Chi, most recently co-head of Americas private credit at Goldman's asset management arm, will join Carlyle in early 2026, according to an internal memo seen by Bloomberg. In addition to leading the direct lending practice, he'll step in as co-deputy investment chief for the money manager's $199 billion credit unit.

Wells Fargo Sticks to Its Hold Rating for Carlyle Group (CG)
Wells Fargo Sticks to Its Hold Rating for Carlyle Group (CG)

Globe and Mail

time12-07-2025

  • Business
  • Globe and Mail

Wells Fargo Sticks to Its Hold Rating for Carlyle Group (CG)

In a report released today, Michael Brown from Wells Fargo maintained a Hold rating on Carlyle Group, with a price target of $61.00. The company's shares closed yesterday at $58.50. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Brown covers the Financial sector, focusing on stocks such as BlackRock, Franklin Resources, and Invesco. According to TipRanks, Brown has an average return of 14.1% and a 69.54% success rate on recommended stocks. In addition to Wells Fargo, Carlyle Group also received a Hold from Jefferies's Gerald O'Hara in a report issued on July 8. However, yesterday, Barclays maintained a Buy rating on Carlyle Group (NASDAQ: CG). The company has a one-year high of $58.84 and a one-year low of $33.02. Currently, Carlyle Group has an average volume of 2.74M.

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