💰 Financial Record

A Morgan Stanley Research document titled 'North America Insight' analyzing The Carlyle Group (CG). It presents a Sum-of-the-Parts (SOTP) valuation and sensitivity analysis for CG, specifically examining the financial impact of a potential C-Corp conversion. The document includes financial tables projecting 2018 earnings, balance sheet assets as of 3Q17, and estimated share prices under different market multiples. The document bears the Bates stamp HOUSE_OVERSIGHT_025575, indicating it is part of a congressional investigation production.