On July 15, Carlyle Group rose 5.12% in regular trading, trading at $47.62/share, with turnover of $24.85 million.
On the news front, Carlyle Group recently announced the sale of its data center power business, Copia Power, to EQT Infrastructure VII fund — managed by Swedish private equity firm EQT — for $2.6 billion, achieving approximately a five-fold return on investment. Copia Power develops, owns, and operates energy and digital infrastructure campuses in the United States. The transaction is expected to close before year-end.
The deal highlights Carlyle's monetization capabilities in the infrastructure sector, boosting market sentiment. The broader Asset Management & Custody Banks sector showed strength, with peers including BlackRock up 7.62%, KKR & Co up 4.79%, and Blackstone Group up 4.49%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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