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.

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WASHINGTON and NEW YORK, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Global investment firm Carlyle (NASDAQ: CG) (the “Company”) today announced that it granted two inducement equity awards to Harvey M. Schwartz on February 15, 2023, the effective date of Mr. Schwartz's appointment as Chief Executive Officer of the Company, pursuant to the employment agreement entered into between the Company and Mr. Schwartz on February 5, 2023. The awards were granted in accordance with Nasdaq Listing Rule 5635(c)(4) as an inducement to Mr. Schwartz's employment with the Company.

Carlyle Announces Grant of Employment Inducement Awards

Valuation of $4.7 billion driven by 10% organic growth LEHI, Utah, Feb. 17, 2023 /PRNewswire/ -- PCF Insurance Services ("PCF"), a top 20 U.S. insurance brokerage firm, today announced that it has secured a $500 million preferred equity investment in a transaction co-led by Carlyle's Global Credit platform and private equity firm HGGC, an existing minority investor. PCF Insurance, led by Founder, Chairman and CEO Peter C.

PCF INSURANCE SERVICES SECURES $500 MILLION PREFERRED EQUITY INVESTMENT CO-LED BY CARLYLE GLOBAL CREDIT AND HGGC

This week, alternative asset management and private equity behemoth Carlyle Group Inc reported its latest trades for the December quarter.

Carlyle Group's Latest Trades Are Out. Here Are the Asset Manager's Largest Listed Portfolio Movement

An increase in AUM and declining expenses support Carlyle's (CG) Q4 results. However, lower revenues are a concern.

Carlyle (CG) Q4 Earnings Beat on Lower Expenses, AUM Rises

Carlyle Group, Inc. (NASDAQ:CG ) Q4 2022 Earnings Conference Call February 7, 2023 8:30 AM ET Company Participants Daniel Harris - Partner & Head, Public IR William Conway - Co-Founder, Interim CEO & Non-Executive Co-Chairman Curtis Buser - CFO Conference Call Participants Glenn Schorr - Evercore ISI William Katz - Crédit Suisse Alexander Blostein - Goldman Sachs Group Rufus Hone - BMO Capital Markets Gerald O'Hara - Jefferies Michael Cyprys - Morgan Stanley Kenneth Worthington - JPMorgan Chase & Co. Adam Beatty - UBS Patrick Davitt - Bernstein Autonomous Brian Bedell - Deutsche Bank Craig Siegenthaler - Crédit Suisse Brian Mckenna - JMP Securities Operator Good day, and thank you for standing by. Welcome to the Carlyle Group Fourth Quarter 2022 Earnings Conference Call.

Carlyle Group, Inc. (CG) Q4 2022 Earnings Call Transcript

Private equity firm Carlyle Group Inc is in talks to buy private health-care technology firm Cotiviti Inc for up to $15 billion, including debt, Bloomberg News reported citing people familiar with the matter.

Carlyle in talks to buy health tech firm Cotiviti for $15 bln - Bloomberg News

Carlyle Group Inc. CG, -2.91% beat its distributable earnings target, but missed Wall Street's revenue mark as its fourth-quarter profit fell sharply, the private equity firm said Tuesday, a day after it named former Goldman Sachs Group Inc. GS, +0.23% executive Harvey Schwartz as its new CEO. The private equity firm said its fourth-quarter net income dropped to $127.2 million, or 35 cents a share, from $647.6 million, or $1.77 a share, in the year-ago quarter.

Carlyle net income falls sharply, revenue misses target but distributable earnings beat

Schwartz, 58, retired as Goldman Sachs' president and co-operating officer in 2018 after a 20-year career at the bank.

Former Goldman exec Harvey Schwartz named CEO of Carlyle Group

The private equity firm, The Carlyle Group, has officially announced former Goldman Sachs Inc executive Harvey Schwartz as the company's new CEO and will replace co-founder and interim CEO Bill Conway.

Carlyle names former Goldman exec Harvey Schwartz new CEO

Carlyle Group Inc. on Monday named Harvey M. Schwartz as CEO in a move to tap the Goldman Sachs Group Inc. veteran's “extensive experience leading and expanding a wide range of large, profitable businesses.

Carlyle Group names Goldman Sachs veteran Harvey Schwartz as CEO

Private equity firm Carlyle Group Inc on Monday appointed former Goldman Sachs Inc executive Harvey Schwartz as chief executive officer, effective Feb. 15.

Carlyle names former Goldman executive Schwartz as CEO

WASHINGTON and NEW YORK, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Global investment firm Carlyle (NASDAQ: CG) today announced that its Board of Directors has unanimously agreed to appoint Harvey M. Schwartz as Chief Executive Officer and a member of the Board, effective February 15, 2023. At that time, Bill Conway will step down as Interim CEO, maintaining his role as Co-Chairman of the Board.

Harvey Schwartz Named CEO of Carlyle and Member of the Board

NEW YORK & LUXEMBOURG & AMSTERDAM--( BUSINESS WIRE )--Traxys, a leading global physical trader and merchant in metals and natural resources, today announced a change of ownership. Traxys' management, together with Optiver, a global market maker, CoLift, an investment firm, and an investor group active in mining and natural resources led by Regent Mercantile Holdings Limited and LOM Financial Group, will acquire all of the interests in Traxys held by funds managed by global investment firm Carlyle (NASDAQ: CG) and affiliates of Louis M. Bacon, the founder of Moore Capital Management, LP. Traxys' management will increase its ownership stake. Financial terms were not disclosed. The transaction is expected to close in May 2023 following receipt of regulatory and other approvals.

Traxys Group to be Acquired by Traxys Management, Optiver and Investors

Carlyle Group has hired Harvey Schwartz as its next chief executive officer, a person familiar with the matter told Reuters on Sunday.

Carlyle hires ex-Goldman executive Harvey Schwartz as next CEO

Carlyle Group Inc. plans to name investment-banking veteran Harvey Schwartz its new chief executive, as the private-equity firm's founders seek a fresh start after a botched succession plan.

Carlyle to Name Banking Veteran Harvey Schwartz as CEO

While the private equity industry has underperformed relative to broader market, with 1Y returns for PSP (-21.11%) being lower than SPY (-7.14%). Private equity's reliance on credit to execute their strategies thus necessitates their performance in lieu of rising rates.

Carlyle Group: A Proxy For The Coming Alternative Credit Boom

The alternative asset management industry is expected to grow at double-digit rates in the coming years. Despite macro headwinds, institutional investors are likely to keep their private equity allocations at the same level.

Carlyle Group: The Challenges Are Temporary

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Abingworth, a leading transatlantic life sciences investment firm and part of global investment firm Carlyle (NASDAQ: CG), led financings and was joined by Carlyle, OrbiMed, and Pathalys' founding investors Catalys Pacific and DaVita Venture Group Transaction is expected to fully fund upacicalcet through pivotal phase 3 studies and pre-commercialization activities Collaboration leverages clinical development experience of Launch Tx and Pathalys' extensive dialysis expertise to advance the upacicalcet development program RESEARCH TRIANGLE PARK, N.C. and BOSTON , Jan. 18, 2023 /PRNewswire/ -- Pathalys Pharma, Inc., a private, late-stage biopharma company co-founded by Catalys Pacific and DaVita Venture Group, and Launch Therapeutics (Launch Tx), a clinical development company, today announced a collaboration to advance phase 3 clinical trials for upacicalcet (designated PLS240 for clinical trials) for the treatment of secondary hyperparathyroidism (SHPT) in patients on hemodialysis.

Pathalys Pharma Raises $150 Million in Secured Product Financing and Equity led by Abingworth; Forms Strategic Collaboration with Launch Therapeutics to Advance Upacicalcet through Pivotal Phase 3 Studies

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DALLAS , Jan. 12, 2023 /PRNewswire/ -- Vertical Capital Income Fund (NYSE: VCIF) (the "Fund") announced today that it has entered into a transaction agreement with an affiliate of global investment firm Carlyle (NASDAQ: CG), whereby upon obtaining approval by the Fund's shareholders Carlyle Global Credit Investment Management L.L.C. ("CGCIM") will become the investment adviser to the Fund (the "Transaction").

News for Carlyle Group Stock (CG)