Carlyle Group LP is selling its majority stake in Claren Road Asset Management back to the fund’s top executives as the private equity firm moves to end its six-year foray into hedge funds. Claren Road, founded in 2005 by former Citigroup Inc. credit traders Brian Riano, John Eckerson, Sean Fahey and Albert Marino, will buy the 55 percent stake that Carlyle acquired in December 2010, according to a note sent last week to investors.