Carlyle Takes Majority Stake in Nido, Fuelling Affordable Housing Growth

Todd Boehly, a US billionaire, is reportedly a potential buyer of Lukoil's international assets, valued at around $22 billion, with backing from the US government and Gulf investors. The assets include oil fields, refineries, and filling stations. Carlyle Group had previously been expected to acquire the portfolio, but Boehly's bid could challenge that. The transaction requires US regulatory approval and Russian government consent.

Carlyle Group's stock is rising as investors react positively to reports of an IPO for its Highway Roop Precision Technologies unit, which could raise up to $400 million. The firm benefits from record assets under management and steady fundraising, but faces concerns over weak cash generation and high leverage.

The Carlyle Group (CG) is acquiring privately held Parallax Energy, valued at roughly C$1 billion, to expand its Canadian energy operations. Parallax produces 20,000 barrels of oil equivalent per day and operates 300,000 acres in Alberta. This is Carlyle's second Canadian energy acquisition in a year, aiming to build a significant light-oil platform. Higher oil prices and improved market access may benefit the deal.

Several sectors, including asset managers, semiconductor stocks, and silver miners, experienced significant declines following Fed Chair Kevin Warsh's press conference. ON Semiconductor (NASDAQ:ON) led the drop, falling 6%, while Boeing (NYSE:BA) weighed on the Dow. Economists are divided on future rate hikes, with some expecting more hikes and others predicting easing next year.

Carlyle (CG) reported Q2 revenues of $1.11B, up 13% YoY, exceeding estimates by 20.7%. The stock is down 3.8% since reporting. Five asset management firms beat revenue estimates by 8.4% on average, with shares up 8.2% since earnings.

Carlyle Group Inc. reported Q2 2026 revenue of $1,123.5M and diluted EPS of $0.37, down from $1,572.9M and $0.87 in Q2 2025. Net income attributable to common stockholders fell to $137.1M from $319.7M. The company cited fee growth in management fees and a shift in fee-earning AUM toward credit and secondaries, per its Aug. 10, 2026 10-Q.