Carlyle returns to Q3 profit

This translated into after-tax ENI of 66 cents per common unit, in line with the average estimate of analysts in a Reuters poll of 64 cents.

Pre-tax distributable earnings, which included realized investment gains and accounted for cash available to pay dividends, came in at $206 million compared with $244 million in the third quarter of 2011.

Assets under management were $157.4 billion at the end of September, up 0.8 percent from the end of June, while fee-earning assets under management were $115.1 billion.

Carlyle shares are up 16 percent since the firm completed an initial public offering in May, compared with a 7 percent rise for peer KKR, a 14 percent gain for Apollo Global Management LLC and a 12 percent rise for Blackstone Group.