Carlyle profit falls as compensation costs rise

April 30 Wed Apr 30, 2014 6:30am EDT

April 30 (Reuters) - Private equity firm Carlyle Group LP reported an 18 percent fall in quarterly profit as compensation costs rose.

First-quarter economic net income, a measure of profitability that takes into account the market value of assets, fell to $321.9 million, from $393.9 million a year earlier.

(Reporting by Tanya Agrawal in Bangalore; Editing by Sriraj Kalluvila)