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Carlyle reports profit but revenue drops

The US private equity investor raised twice as much capital last year as it did in 2011

Carlyle Group reported a fourth quarter profit even as the private equity firm recorded lower performance fees and an investment loss, sending its revenue spiralling, while compensation expenses rose sharply.

Carlyle, one of the biggest buyout firms in the business, went public in May. Traditionally one of the most active deal makers in private equity, Carlyle discussed a deal to take Nasdaq OMX private, though the talks didn't result in a transaction and aren't continuing, according to The Wall Street Journal.

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