Credit earnings up at Carlyle in Q1

Carlyle has seen its credit income grow by more than 20 percent as it grows its investment team.

Carlyle Group has seen fund management fees from its Global Credit arm grow by 22 percent year-on-year to $59 million.

In its first-quarter earnings statement, the asset manager revealed total credit assets under management have reached $33.8 billion, up 15 percent compared with the first quarter of 2017. This was largely driven by $7.1