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.

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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.

Carlyle's (CG) second-quarter earnings miss estimates due to a decline in segment fee and realized performance revenues. Nonetheless, a rise in total AUM balance and lower costs are tailwinds.

Carlyle (CG) Stock Falls 7.5% as Q2 Earnings Miss Estimates

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The BDC sector is now in a correction. It also faces numerous significant headwinds. We share our outlook on and approach to the sector moving forward.

Very Bad News For BDCs

The Carlyle Group CG reported worse-than-expected second-quarter financial results on Monday.

These Analysts Lower Their Forecasts On Carlyle Group After Q2 Results

Shares of The Carlyle Group (CG) dropped in intraday trading Monday after the private-equity firm reported lower-than-expected distributable earnings (DE).

Carlyle Group Stock Drops as Distributable Earnings Miss

The Carlyle Group Inc. (NASDAQ:CG ) Q2 2024 Earnings Conference Call August 5, 2024 8:30 AM ET Company Participants Daniel Harris - Head of Investor Relations Harvey Schwartz - Chief Executive Officer John Redett - Chief Financial Officer and Head of Corporate Strategy Conference Call Participants Glenn Schorr - Evercore ISI Alexander Blostein - Goldman Sachs Kenneth Worthington - JPMorgan Benjamin Budish - Barclays Brian Bedell - Deutsche Bank Patrick Davitt - Autonomous Research Brian Mckenna - Citizens JMP Daniel Fannon - Jefferies Steven Chubak - Wolfe Research William Katz - TD Cowen Michael Cyprys - Morgan Stanley Craig Siegenthaler - Bank of America Operator Good day and thank you for standing by. Welcome to The Carlyle Group Second Quarter 2024 Earnings Conference Call.

The Carlyle Group Inc. (CG) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Carlyle (CG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Carlyle (CG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Cogentrix Platform Consists of 11 Natural Gas-Fired Power Plants, Comprising 5.3 Gigawatts of Efficient and Reliable Capacity Across Key U.S. Markets Cogentrix Platform Consists of 11 Natural Gas-Fired Power Plants, Comprising 5.3 Gigawatts of Efficient and Reliable Capacity Across Key U.S. Markets

Quantum Capital Group to Acquire Cogentrix from Carlyle for $3 Billion

Private equity firm Carlyle Group reported a larger than expected 11.7% year-on-year drop in second-quarter distributable earnings on Monday, as record revenue from management and transaction fees did not offset a big drop in performance fees.

Carlyle Q2 profit misses, shares drop amid market sell-off

Evaluate the expected performance of Carlyle (CG) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Curious about Carlyle (CG) Q2 Performance? Explore Wall Street Estimates for Key Metrics

MCLEAN, Va., July 30, 2024 (GLOBE NEWSWIRE) -- Acentra Health, a technology solutions and clinical services company dedicated to helping government healthcare agencies accelerate better health outcomes, announced it has been recognized by Amazon Web Services (AWS) as an AWS Champion.

Acentra Health Honored as an AWS Champion for Digital Transformation in the Public Health Sector

MCLEAN, Va., July 23, 2024 (GLOBE NEWSWIRE) -- Acentra Health, a technology solutions and clinical services company dedicated to helping government healthcare agencies accelerate better health outcomes, has named Brett Barton as Senior Vice President (SVP) of Client Experience.

Acentra Health Names Brett Barton as Senior Vice President of Client Experience

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Carlyle Group (CG) have what it takes?

Why Carlyle Group (CG) is a Top Dividend Stock for Your Portfolio

NEW YORK--(BUSINESS WIRE)--Global investment firms Carlyle (NASDAQ: CG) and KKR (NYSE: KKR) today announced that one or more strategic partnerships comprised of funds and accounts managed by Carlyle and KKR's respective credit businesses have agreed to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services (NYSE: DFS). “This acquisition highlights Carlyle's proven expertise in private student loans and asset-backed finance, demonstrating our Gl.

Carlyle and KKR Strategic Partnerships Agree to Acquire Approximately $10.1 Billion Prime Student Loan Portfolio from Discover Financial Services

MCLEAN, Va., July 16, 2024 (GLOBE NEWSWIRE) -- Acentra Health, a technology solutions and clinical services company dedicated to helping government healthcare agencies accelerate better health outcomes, announced today that Ryan Bosch, MD, FACP, has been appointed as Executive Vice President, Chief Health and Informatics Officer (CHIO), effective June 17, 2024.

Acentra Health Names Ryan Bosch, MD, as Executive Vice President, Chief Health and Informatics Officer

BOSTON , July 10, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) announced today the closing of approximately US$810 million in commitments to Manulife Private Equity Partners II, L.P. (the Fund).

Manulife Investment Management Closes Manulife Private Equity Partners II in partnership with AlpInvest

Carlyle Group (CG) is in talks to acquire Baxter's kidney care unit. The companies started exclusive negotiations in late June and an agreement could be announced as soon as this week.

Carlyle Group (CG) Eyes Buyout of Baxter's Kidney Care Unit

ADC Therapeutics

LONDON, July 08, 2024 (GLOBE NEWSWIRE) -- Myricx Bio (‘Myricx'), a UK biotech company focusing on the discovery and development of a completely novel class of payloads for antibody-drug conjugates (ADCs), today announced the closing of its series A financing raising £90m ($114m). The round was co-led by new leading life science investors Novo Holdings and Abingworth. Additional new investors British Patient Capital (a wholly owned commercial subsidiary of British Business Bank plc, the UK government's economic development bank), Cancer Research Horizons and Eli Lilly and Company also participated alongside founding investors Brandon Capital and Sofinnova Partners.

Myricx Bio Announces £90m ($114m) Series A Financing to Advance its Novel NMTi-ADC Therapeutics into Clinical Development

Private equity firm Carlyle Group is in exclusive talks to acquire Baxter International's kidney care spinoff Vantive for more than $4 billion, including debt, a person familiar with the matter told Reuters on Friday.

Carlyle in talks to buy Baxter's kidney care unit, source says

Private-equity firm Carlyle Group CG -0.74%decrease; red down pointing triangle is in exclusive talks to acquire medical-device maker Baxter's kidney-care spinoff Vantive for more $4 billion, including debt.

Carlyle in Advanced Talks to Acquire Baxter's Vantive

Carlyle (CG) is set to benefit from its efforts to grow organically. However, a rise in expenses due to higher compensation-related costs is likely to hinder its bottom-line growth.

Carlyle (CG) Thrives on Organic Growth Amid High Costs

Discover

Carlyle and KKR & Co won an auction for a $10 billion student loan book from Discover Financial , the Financial Times reported on Wednesday, citing people familiar with the matter.

Carlyle, KKR win auction for $10 bln student loan book from Discover Financial, FT reports

Despite no longer being considered a cheap investment, CG stock remains a favorable buy with a price target of $52/share, offering long-term returns and potential upside. Carlyle Group has shown consistent outperformance compared to the overall market, with record fee-related earnings and strong financial results. Recent M&A activities, including the acquisition of Mediterranean assets, indicate potential for growth and expansion into new markets.

An Update On Carlyle Group After Outperformance And M&A

U.S. private equity firm Carlyle Group is pushing ahead with the sale of Italian fashion brand Twinset, asking potential bidders to submit non-binding offers, two sources close to the matter said on Friday.

Carlyle pushing ahead with sale of Italian fashion brand Twinset, sources say

Energean has agreed to sell its assets in Egypt, Italy and Croatia to private equity fund Carlyle for up to $945 million, the Mediterranean-focused oil and gas producer said on Thursday.

Energean to sell Egypt, other assets to Carlyle for up to $945 mln

Private equity firms Carlyle Group Inc and KKR are among the final bidders for a $10 billion U.S. student loan portfolio from Discover Financial , the Financial Times reported on Thursday.

News for Carlyle Group Stock (CG)