Carlyle Group, The

The Carlyle Group (CG) is a publicly listed global alternative asset manager that invests across private equity, credit and real assets. It raises capital from institutional and high-net-worth investors, earning recurring management fees plus performance fees (carried interest) when investments are realised profitably. With a market capitalisation of about $21.01 billion, the firm’s earnings are tied to assets under management, fundraising success and the timing and valuation of exits. That structure can generate scalable revenue in favourable markets, but performance is cyclical: valuations, macro conditions and the availability of debt can materially affect reported profits and cash flows. Listed shares provide liquidity for external investors but can be volatile as quarterly results, fundraising updates and realised gains drive sentiment. This is educational information only — not personalised advice. Consider whether an investment in a manager of private assets fits your risk tolerance and time horizon before deciding.