Carlyle Group

The Carlyle Group, Inc. engages in multi-product global alternative asset management. It operates through the following segments: Corporate Private Equity, Real Assets, Global Credit, and Investment Solutions. The Corporate Private Equity segment focuses on buyout, and growth capital funds, which pursue a variety of corporate investments of different sizes and growth potentials. The Real Estate segment consists of real estate, infrastructure and energy, and natural resources. The Global Credit segment includes leveraged loans and structured credit, energy mezzanine opportunities, middle market lending, and distressed debt. The Investment Solutions segment provides comprehensive investment opportunities and resources for the investors and clients to build private equity, and real estate portfolios through funds of funds, secondary purchases of existing portfolios, and managed co-investment programs. The company was founded by William E. Conway Jr., Daniel A. D'Aniello and David M. Rubenstein in 1987 and is headquartered in Washington, DC.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

Carlyle Group excels in Q4 2022, eyes growth amid challenges

Carlyle Group's Q4 2022 earnings call highlighted strong financial performance, confidence in growth opportunities for 2023, and a focus on fee-related earnings growth. The firm's strategic initiatives include expanding product offerings, doubling business size, and capitalizing on LPs seeking yield in alternative assets. Challenges include potential margin pressure and LP liquidity needs.

Carlyle Group faces market challenges but sees growth opportunities ahead

Carlyle Group's Q1 2023 earnings call highlighted mixed financial results, strong business fundamentals, and strategic initiatives for growth. Despite challenges in the macro environment and fundraising landscape, the company remains optimistic about its long-term potential and ability to navigate market complexities. Executives emphasized the importance of disciplined growth, operational efficiency, and seizing opportunities in private markets.

Carlyle Group reports resilient Q2 performance amidst market challenges

Carlyle Group navigated a challenging macro environment in Q2 2023 with resilience, reporting solid financial performance and strategic focus.
Despite market uncertainties, the company demonstrated strengths in diversified focus areas, strong financial position, and future growth opportunities.
Challenges from inflation, cost of capital, and market fragility persist, but Carlyle remains optimistic, focusing on selective capital deployment and growth initiatives.

Carlyle Group posts robust Q3 earnings, eyes growth opportunities

Carlyle Group delivered strong financial results in Q3 2023, showcasing operational strength and strategic focus on growth areas like private wealth and investment solutions.
While facing market challenges and uncertainties, the company remains optimistic about future opportunities and its ability to exceed fundraising expectations.
Executives emphasized expense management, talent retention, and operational flexibility as key drivers for future value creation and revenue growth.

Carlyle Group achieves record results and targets growth in 2024

Carlyle Group's Q4 2023 Earnings Call highlighted record results, strategic focus on stakeholder alignment, and plans for growth in Global Credit and Insurance segments. The firm aims to balance returning capital to shareholders with investing in growth opportunities.

Carlyle Group posts record Q1 earnings, eyes growth amid challenges

Carlyle Group delivered strong financial performance in Q1 2024, with record FRE and management fees, demonstrating growth momentum and strategic focus areas.
While facing challenges such as rising defaults in European CLOs and stock-based compensation concerns, the company remains confident in meeting financial targets and capitalizing on opportunities.
Analyst inquiries highlighted areas of interest and potential risks, but management's responses underscored a commitment to growth, successful fee collection, and shareholder value.

Carlyle Group reports record-breaking Q2 performance and eyes growth opportunities

Carlyle Group's Q2 2024 earnings call showcased exceptional performance, robust financial metrics, and strategic transactions. Despite market uncertainties, the company remains optimistic about its outlook and growth prospects, supported by strong fundraising and prudent capital allocation strategies.

Carlyle Group reports record earnings and eyes growth in wealth management

Carlyle Group's Q3 2024 performance showcased robust financial results, driven by record fee-related earnings and strong investment activity across regions.
Despite challenges in the M&A and IPO landscape, the company's global wealth management and CLO business stood out as key strengths.
Looking ahead, Carlyle is well-equipped to seize growth opportunities in asset-backed finance, insurance, and a recovering macroeconomic environment to deliver value to shareholders.

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The Carlyle Group, Inc. is a global investment firm. It operates through the following segments: Global Private Equity (GPE), Global Credit (GC), and Global Investment Solutions (GIS). The GPE segment focuses on buyout and growth capital funds, which pursue a variety of corporate investments of different sizes and growth potentials. The GC segment includes funds and vehicles that pursue investment strategies including loans and structured credit, direct lending, opportunistic credit, distressed credit, aircraft financing and servicing, infrastructure debt, insurance solutions, and global capital markets. The GIS segment provides comprehensive investment opportunities and resources for investors and clients to build private equity portfolios through fund of funds, secondary purchases or financings of existing portfolios, and managed co-investment programs. The company was founded by William Elias Conway Jr., Daniel Anthony D'Aniello, and David Mark Rubenstein in 1987 and is headquartered in Washington, DC.

The Carlyle Group Inc. (NASDAQ:CG ) Q1 2022 Earnings Conference Call April 28, 2022 8:30 AM ET Company Participants Daniel Harris - Head of Investor Relations Kewsong Lee - Chief Executive Officer Curt Buser - Chief Financial Officer Conference Call Participants Ken Worthington - JPMorgan Gerry O'Hara - Jefferies Craig Siegenthaler - Bank of America Michael Cyprys - Morgan Stanley Brian Bedell - Deutsche Bank Chris Kotowski - Oppenheimer Rufus Hone - BMO Alex Blostein - Goldman Sachs Craig Siegenthaler - Bank of America Operator Ladies and gentlemen, thank you for standing by, and welcome to the Carlyle Group First Quarter 2022 Earnings Conference Call. (Operator Instructions) I would now like to turn the conference over to your speaker for today, Daniel Harris, Head of Investor Relations.

The Carlyle Group Inc. (CG) CEO Kewsong Lee on Q1 2022 Results - Earnings Call Transcript

Carlyle Group Inc posted a lower-than-expected 41% year-on-year rise in first-quarter distributable earnings on Thursday, as market volatility prevented the private equity firm from cashing out on assets as much as some analysts expected.

Carlyle's 41% profit rise in Q1 misses estimates

CHICAGO--(BUSINESS WIRE)-- #agency--3Q Digital, the leading independent growth marketing agency, has entered into a definitive agreement to combine with global digital agency DEPT®.

Growth Marketing Agency 3Q Digital to Join DEPT®

Carlyle Group Inc said on Wednesday it has raised $4.6 billion for its second credit fund that provides debt financing to companies, including family-owned businesses and private equity-backed firms.

Exclusive-Carlyle raises $4.6 billion for second credit fund

Carlyle's (CG) new advisory agreement with reinsurer Fortitude Re is set to boost its fee-earnings assets under management by $50 billion.

Carlyle (CG) Boosts Global Credit Arm With Fortitude Re Deal

Carlyle Group Inc. (NASDAQ:CG) and reinsurer Fortitude Re have signed a comprehensive advisory agreement expected to considerably increase the assets under management by the private equity firm. The Wall Street Journal reported Carlyle's agreement with Fortitude.

Carlyle Group signs advisory agreement to enhance its credit segment

Prudential Financial

Carlyle Group Inc.-backed CG, +4.75% Fortitude Reinsurance Co. Ltd. said Friday it closed its acquisition of Prudential Annuities Life Assurance Corp. (PALAC), a unit of Prudential Financial Inc. PRU, -1.77% , for an undisclosed sum.

Fortitude Re closes acquisition of Prudential Financial portfolio

Carlyle Group Inc. CG, -2.87% said Thursday it inked a new strategic advisory services agreement with Fortitude Reinsurance Co. Ltd. that will increase its global credit unit's fee-earning assets under management by $50 billion and generate annual fee related earnings by $50 million, effective April 1.

Carlyle Group adds $50 billion in AUM with Fortitude Re deal

Carlyle's (CG) organic growth, backed by increasing AUM balance and fund management fees, is a positive. Yet, a rise in expenses and competition for investment opportunities are concerning.

Carlyle (CG) Rides on Organic Growth, Rising Expenses Ail

U.S. private equity firm Carlyle Group has asked investors to submit bids for Irca in a deal valuing the Italian food ingredients maker at more than 1 billion euros ($1.1 billion), two sources close to the matter said.

Carlyle kicks off $1.1 billion sale of Italian food ingredients maker Irca - sources

Blackstone Group

Empire Company Limited (EMLAF) CEO Michael Medline on Q3 2022 Results - Earnings Call Transcript

Carlyle (CG) agrees to acquire a portfolio of assets from CBAM in a stock-and-cash deal, which is expected to be completed in the first half of 2022 and is likely to boost Carlyle's fee income.

Carlyle (CG) to Boost Fee Income by Acquiring CBAM's Assets

Carlyle Group Inc said on Wednesday it would acquire credit investment platform CBAM Partners for nearly $787 million, in a deal that would make the buyout firm the biggest manager of collateralized loan obligations (CLOs).

Buyout firm Carlyle to acquire CBAM in credit investment push

Carlyle Group (CG) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

Why Carlyle Group (CG) Stock Might be a Great Pick

FORT WORTH, Texas, March 7, 2022 /PRNewswire/ -- AZZ Inc. ("AZZ" or the "Company") (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, and Sequa Corporation ("Sequa"), a portfolio company of global investment firm Carlyle (NASDAQ: CG), jointly announced today that they have entered into a definitive agreement whereby AZZ will acquire Sequa's Precoat Metals business division ("Precoat") for a purchase price of approximately $1.28 billion.  When adjusted for the net present value of approximately $150 million of expected net tax benefits, the net purchase price is approximately $1.13 billion, which represents approximately 8.2x Precoat's adjusted EBITDA for the twelve months ended December 31, 2021.

AZZ Inc. to Acquire Precoat Metals from Sequa Corporation

ST. LOUIS--(BUSINESS WIRE)--Manna Pro® Products becomes Compana™ Pet Brands to better represent broad portfolio of care and wellness products for pets of all shapes and sizes.

Manna Pro® Products Becomes Compana™ Pet Brands to Better Represent Broad Portfolio of Care and Wellness Products for Pets of All Shapes and Sizes

I'm revisiting The Carlyle Group, a global P/E firm I looked at some months back.

Carlyle Group: Superb 2021 Makes It A Potential 'Buy'

Buyout firm Carlyle Group Inc is in talks to acquire CBAM Partners in a bid to grow its credit investment platform and take on peers such as Apollo Global Management Inc and Blackstone Inc, according to people familiar with the matter.

Carlyle in talks to acquire credit investment firm CBAM -sources

Rise in revenues on higher fees and assets under management growth support Carlyle's (CG) Q4 results. However, an increase in segment expenses is a major headwind.

Carlyle (CG) Stock Down Despite Q4 Earnings & Revenue Beat

California Resources

Funko

Charles Schwab

Upstart Holdings

The US economy unexpectedly added 467,000 jobs in January, surpassing analysts' expectations for a 150,000 gain. Investors, meanwhile, focused on some notable insider trades.

Executives Sell Over $45M Of 5 Stocks

Carlyle Group Inc. CG, -7.77% shares rose 1.5% in premarket trades Friday as they recaptured some of their losses from the previous session, despite better-than-expected fourth-quarter results from the private equity firm. BMO Capital Markets reiterated its outperform rating on Carlyle Group on Friday and raised its price target to $71 a share from $68 a share.

BMO hikes Carlyle Group price target after better-than-expected earnings

The Carlyle Group Inc. (CG) CEO Kewsong Lee on Q4 2021 Results - Earnings Call Transcript

NEW YORK, Feb. 2, 2022 /PRNewswire/ -- Rock Mountain Capital, The Olayan Group and funds managed by global investment firm Carlyle (NASDAQ: CG) today announced that a group led by Rock Mountain and Olayan has acquired a 48% stake in PurposeBuilt Brands, the proceeds of which were used to redeem Carlyle's position. TA Associates, an investor since 2019, and company management are rolling 100% of their equity and will hold a 52% ownership stake.

GROUP LED BY ROCK MOUNTAIN CAPITAL AND THE OLAYAN GROUP ACQUIRES 48% STAKE IN PURPOSEBUILT BRANDS FROM CARLYLE

CEDAR RAPIDS, Iowa, Feb. 1, 2022 /PRNewswire/ -- Funds managed by global investment firm Carlyle (NASDAQ: CG) have completed an acquisition of Involta, an industry-leading hybrid IT, cloud computing, and data center services company. With this acquisition, Involta's leadership is committed to innovative hybrid cloud and edge solutions, providing the exemplary customer service Involta is known for industry wide and accelerating talent development.

Carlyle's Acquisition of Hybrid Cloud Data Center Provider Involta Closes

Carlyle's (CG) Q4 fund management fees are expected to have been driven by higher transaction and portfolio advisory activities, while escalating costs are likely to have hindered the bottom line.

News for Carlyle Group Stock (CG)