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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 31, 2025
Carlyle-Logo-blue.jpg
The Carlyle Group Inc.
(Exact name of registrant as specified in its charter)
Delaware
 
001-35538
 
45-2832612
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
1001 Pennsylvania Avenue, NW
Washington, DC 20004-2505
(Address of Principal Executive Offices, Including Zip Code)
(202) 729-5626
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock
CG
The Nasdaq Global Select Market
4.625% Subordinated Notes due 2061 of Carlyle Finance
L.L.C.
CGABL
The Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02
Results of Operations and Financial Condition.
On October 31, 2025, The Carlyle Group Inc. issued a summary press release and a detailed earnings presentation announcing
financial results for its third quarter ended September 30, 2025. The summary press release and the earnings presentation are
furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K (this “Report”).
The information in this Report, including the exhibits hereto, shall not be deemed “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by
specific reference in such a filing.
Item 9.01
Financial Statements and Exhibits.
(d)Exhibits.
Exhibit No.
 
 
Description
99.1
 
 
99.2
 
 
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
 
 
The Carlyle Group Inc.
Date: October 30, 2025
 
 
By:
 
/s/ John C. Redett
 
 
Name:
 
John C. Redett
 
 
Title:
 
Chief Financial Officer
EX-99.1 2 cg202509308-kexx991.htm EX-99.1 CG 2025.09.30 8-K EX-99.1
Page | 1
Exhibit 99.1
 
carlyle-logoxbluea.jpg
Carlyle Reports Third Quarter 2025 Financial Results
Washington, D.C. and New York, October 31, 2025 – The Carlyle Group Inc. (NASDAQ: CG) today reported its
unaudited results for the third quarter ended September 30, 2025. The full detailed presentation of Carlyle’s third
quarter 2025 results can be viewed at ir.carlyle.com.
U.S. GAAP results for Q3 2025 included income before provision for income taxes of $86 million and a margin on
income before provision for income taxes of 25.8%.
Carlyle Chief Executive Officer Harvey M. Schwartz said, “Our strong third quarter results demonstrate continued
execution of our strategic growth plan. We generated $17 billion of organic quarterly inflows, continued to scale
strategic areas like Carlyle AlpInvest and Insurance Solutions, and raised significant capital across our Global
Wealth platform. The combination of these growth engines gives us strong momentum through year end and into
2026, and positions Carlyle exceptionally well to exceed our updated 2025 financial targets.”
Dividend
The Board of Directors has declared a quarterly dividend of $0.35 per common share to holders of record at the
close of business on November 10, 2025, payable on November 19, 2025.
Conference Call
Carlyle will host a conference call at 8:30 a.m. EDT on Friday, October 31, 2025, to announce its third quarter 2025
financial results. The conference call will be available via public webcast from the Events & Presentations section
of ir.carlyle.com and a replay will also be available on our website soon after the call’s completion.
About Carlyle
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across
three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $474 billion of assets
under management as of September 30, 2025, Carlyle’s purpose is to invest wisely and create value on behalf of its
investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,400
people in 27 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on
X @OneCarlyle and LinkedIn at The Carlyle Group.
Page | 2
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements
include, but are not limited to, statements related to our expectations, estimates, beliefs, projections, future plans and
strategies, anticipated events or trends, and similar expressions and statements that are not historical facts, including
our expectations regarding the performance of our business, our financial results, our liquidity and capital resources,
contingencies, and our dividend policy. You can identify these forward-looking statements by the use of words such
as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,”
“predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of these words or other comparable
words. Such forward-looking statements are subject to various risks, uncertainties, and assumptions. Accordingly,
there are or will be important factors that could cause actual outcomes or results to differ materially from those
indicated in these statements including, but not limited to, those described in this press release and under the section
entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the
U.S. Securities and Exchange Commission (“SEC”) on February 27, 2025, as such factors may be updated from
time to time in our periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These
factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements
that are included in this press release and in our other periodic filings with the SEC. We undertake no obligation to
publicly update or review any forward-looking statements, whether as a result of new information, future
developments, or otherwise, except as required by applicable law.
This press release does not constitute an offer for any Carlyle fund.
Contacts:
Public Market Investor Relations
 
 
Media
Daniel Harris
 
 
Brittany Bensaull
Kristen Ashton
Phone: +1 (212) 813-4527
 
 
Phone: +1 (212) 813-4839
Phone: +1 (212) 813-4763
daniel.harris@carlyle.com
 
 
brittany.bensaull@carlyle.com
kristen.ashton@carlyle.com
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