$CG

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 Group (CG) has joined MIT's Generative AI Impact Consortium. The two-year research program will combine Carlyle's private markets data and investment experience with MIT's AI research to improve investment decision-making processes, according to the company.

Rubenstein David M. sold 400,000 shares of Carlyle Group Inc. (CG) at $42.74 ($17.10M total) on 2026-09-11.

Fortis Inc.'s (FTS) director Rowena Crosbie bought 2,000 shares at $55.265 each. Centerra Gold Inc.'s (CG) exec sold 57,636 shares at $33.50 each, netting over $1.5M. CGI Inc.'s (GIB.A) Canada president sold 10,599 shares at ~$102.85, netting over $419K. Constellation Software Inc.'s (CSU) chairman sold 1,200 shares at $3,203 each, netting over $3.8M.

Carlyle Group (CG) is expanding its wealth-management business to drive fee revenue growth, targeting $2.8B in management fees by 2028. The company has made acquisitions like MAI Capital and Intelliflo, and formed partnerships with SEI and UBS to broaden its reach. Other firms like Goldman Sachs (GS) and SouthState Bank (SSB) are also expanding wealth-management capabilities. CG shares have fallen 3.8% in six months, while the industry grew 15.3%.

Carlyle Group (CG) agreed to buy Nido Home Finance from Edelweiss for Rs 2,100 crore in January 2026. It also took a minority stake in the Seattle Seahawks, approved by the NFL on August 26, 2026.

Hayways LLC has filed a lawsuit against The Carlyle Group Inc. in Florida, alleging extra-contractual communications and omissions during a Boeing 737-800 transaction. Hayways claims it was not informed of an alternative placement of the aircraft with AirExplore while it continued to revise plans. The complaint seeks damages exceeding $750,000, with a jury trial demanded. The case is pending in the Circuit Court of the Eleventh Judicial Circuit in Miami-Dade County.

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.

Centerra Gold Inc. bought 4,038,647 shares of Azimut Exploration Inc. at $0.60 per share, totaling $2.42 million. Centerra's shares (T.CG) are up $0.08 at $31.31.