April 30, 2014 / 10:31 AM / 3 years ago

Carlyle profit falls as compensation costs rise

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

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