Initiated Outperform X

CG Carlyle Group

BMO Capital Markets

$74

Upgrades Neutral Buy X

CG Carlyle Group

Citigroup

$65

Upgrades Hold Buy X

CG Carlyle Group

TD Cowen

$56

Downgrades Outperform Perform X

CG Carlyle Group

Oppenheimer

Upgrades Peer Perform Outperform X

CG Carlyle Group

Wolfe Research

$60

Initiated Equal Weight X

CG Carlyle Group

Wells Fargo

$42

Initiated Buy X

CG Carlyle Group

Redburn Atlantic

$55

Downgrades Overweight Neutral X

CG Carlyle Group

JP Morgan

$46 $44

Downgrades Buy Neutral X

CG Carlyle Group

Citigroup

$40 $41

Initiated Market Perform X

CG Carlyle Group

TD Cowen

$42

Downgrades Outperform In-line X

CG Carlyle Group

Evercore ISI

$32

Initiated Peer Perform X

CG Carlyle Group

Wolfe Research

Initiated Buy X

CG Carlyle Group

Citigroup

$40

Initiated Overweight X

CG Carlyle Group

Barclays

$41

Downgrades Outperform Mkt Perform X

CG Carlyle Group

Keefe Bruyette

$36

Initiated Outperform X

CG Carlyle Group

Credit Suisse

$38.50

Downgrades Buy Underperform X

CG Carlyle Group

BofA Securities

$58 $33

Downgrades Buy Hold X

CG Carlyle Group

Jefferies

$55 $38

Upgrades In-line Outperform X

CG Carlyle Group

Evercore ISI

$38 $45

Initiated Mkt Outperform X

CG Carlyle Group

JMP Securities

$60

Initiated Buy X

CG Carlyle Group

BofA Securities

$79

Upgrades Neutral Outperform X

CG Carlyle Group

Credit Suisse

$40 $42

Upgrades Mkt Perform Outperform X

CG Carlyle Group

Keefe Bruyette

$40

Initiated Equal Weight X

CG Carlyle Group

Barclays

$25

Downgrades Outperform Neutral X

CG Carlyle Group

Credit Suisse

$22

Downgrades Buy Neutral X

CG Carlyle Group

BofA/Merrill

$23 $20

Upgrades Neutral Buy X

CG Carlyle Group

Goldman

Downgrades Overweight Eq-Weight X

CG Carlyle Group

Morgan Stanley

Upgrades Neutral Buy X

CG Carlyle Group

Citigroup

Upgrades Hold Buy X

CG Carlyle Group

Jefferies

CG  The Carlyle Group LP

The Carlyle Group LP is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials. As of December 31, 2016, the Real Assets segment advised its 26 active carry funds focused on real estate, infrastructure and energy and natural resources (including power). As of December 31, 2016, the Global Market Strategies segment advised a group of 57 active funds that pursue investment strategies, including leveraged loans and structured credit, energy mezzanine opportunities, middle market lending and distressed debt. Its Investment Solutions segment provides investment opportunities and resources for its investors and clients.