Carlyle targets $200 billion in new flows by 2028, touts Washington connections

By Isla Binnie and Prakhar Srivastava Feb 26 (Reuters) - Carlyle aims to rake in $200 billion in fresh capital by the end of 2028 and to boost earnings from managing that money, it said ‌on Thursday, three years after Chief Executive Harvey Schwartz took the job of turning around the ‌investment firm. Shares initially rose more than 6%, as Carlyle also approved a $2 billion buyback, before settling to trade 3.6% higher on the day. Schwartz, ​a former Goldman Sachs executive, said he had "systematicall ...