CG

Carlyle Group Inc.

Ticker: CGFinancialsBanks & Brokers
HQ WASHINGTON, DCCIK 1527166FY end 12-31Book / share $14.24Shares 368M
Revenue (FY)
$4.78B-11.91%
TTM $3.61B
Op. margin
0.00%
Net income
$944.70M-13.42%
TTM $540.90M
Operating cash
$-3.28B-331.27%
TTM $-4.00B
Free cash flow
$-3.37B-303.12%
TTM $-4.12B
Return on equity
14.04%-4.16%
TTM 6.94%
Debt / equity
2.33+0.72%
TTM 2.63
Shares outstanding
370.9M+0.79%
TTM 368.1M

The business

Carlyle Group Inc., trading as CG on the NASDAQ, operates as one of the world's largest global investment firms managing $477 billion in assets under management as of December 31, 2025. Founded in Washington, D.C. in 1987, the company deploys private capital across three primary business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. The firm maintains a workforce of more than 2,500 employees, including 770 investment professionals operating from 27 offices across four continents, serving more than 3,200 active carry fund investors from 87 countries.

The Global Private Equity segment, representing 34 percent of total AUM at $164 billion, advises buyout, growth, real estate, infrastructure, and natural resources funds with investments in more than 275 active portfolio companies employing over 700,000 people worldwide. The Global Credit segment, comprising 44 percent of AUM at $211.3 billion, has emerged as the firm's fastest-growing division, offering investment strategies across liquid credit, opportunistic credit, direct lending, asset-backed finance, aviation finance, infrastructure credit, and cross-platform credit products. This segment also encompasses insurance solutions, including strategic advisory services related to Fortitude, and global capital markets operations. The Carlyle AlpInvest segment, accounting for 21 percent of AUM at $102 billion, provides comprehensive investment opportunities through fund of funds, secondary purchases, portfolio financings, and managed co-investment programs.

The company's business model centers on generating recurring management fees from assets under management and performance-based carried interest from investment fund returns. Carlyle's competitive advantages include its global network of local investment teams with deep industry expertise, disciplined investment processes emphasizing value creation, and integrated platform capabilities spanning multiple asset classes and geographies. The firm's investment approach emphasizes consistent deal sourcing, fundamental due diligence, proactive portfolio management, and systematic value creation through operational improvements and strategic positioning. More information is available at www.carlyle.com.

Sector
Financials
Industry
Banks & Brokers
HQ
WASHINGTON, DC
FY end
12-31
CIK
1527166
SIC
6282
Financial performance · annual
20132025
$-1.42B$1.36B$4.14B$6.93B$9.71B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds Carlyle Group Inc. — across funds, superinvestors and bonds · N-PORT 2026Q1 · 13F 2026-03-31

415
funds hold it
2 of 36
superinvestors hold it
$5.40B
fund-held value
29.1%
of shares held by funds
1
bond issues held by funds

Top fund holders

Fund% of fundValue
Income Fund of America
AMECX
0.53%$769.35M
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.39%$415.74M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%$387.90M
Oakmark Fund
OAKMX · HARRIS ASSOCIATES INVESTMENT TRUST
1.33%$325.00M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.17%$281.50M

Superinvestors in Carlyle Group Inc.

Bill NygrenINCREASED +9.1%
Harris Associates (Oakmark)
1.1%
Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
0.5%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 1 issues of Carlyle Group Inc.'s debt, $190.36M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 5.05%, maturing 20352035.

IssueCouponMaturesFundsFund-held
Carlyle Group Inc/The5.050%2035-09-1975$190.36M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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