Link: http://www.bloomberg.com/news/articles/2016-04-27/carlyle-first-quarter-profit-falls-78-on-slower-portfolio-gains

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and facing tough year-to-year comparisons

http://www.bloomberg.com/news/articles/2016-04-27/carlyle-first-quarter-profit-falls-78-on-slower-portfolio-gains
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Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan