The Carlyle Group LP (NASDAQ: CG) plans to phase out its Chinese real estate team by the end of this year, per a Bloomberg report. The company, which has been trying to revamp its Asian Unit, has decided to shift its focus from the Chinese real estate market due to decline in investors' interest for country-specific funds. Notably, the company made key changes in its executive leadership team in 2017, which came into effect ...Full story available on Benzinga.com.