Carlyle unveils $200 million share buyback, fourth-quarter earnings miss forecast

NEW YORK (Reuters) – Private equity firm Carlyle Group LP <CG.O> unveiled a $200 million share buyback plan on Wednesday as it posted weaker-than-expected fourth-quarter earnings amid volatile financial markets.
Carlyle’s economic net income (ENI), which accounts for unrealized gains or losses, stood at $73 million between October and December before taxes, less than half of the $181 million earned a year ago.
That translated into post-tax income of 24 cents a share, missing a