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Fitch Affirms Carlyle at 'A-'; Outlook Revised to Negative (Fitch Inc)

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(Source: Fitch Inc) 05 Nov 2015 5:50 PM GMT/UTC Fitch Ratings-New York-05 November 2015: Fitch Ratings has affirmed the long-term Issuer Default Ratings (IDRs) of The Carlyle Group L.P. and its related entities (collectively Carlyle) at 'A-'. The Rating Outlook has been revised to Negative from Stable. Approximately $1.1 billion of unsecured debt is affected by these actions. A complete list of ratings is detailed at the end of this release. Today's rating actions have been taken as part of a periodic peer review of the Alternative Investment Manager (IM) industry, which comprises seven publicly rated global firms. Fitch's outlook for the sector is stable; reflecting the relative stability...

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