Carlyle Group Inc. (CG)

Carlyle is one of the world's largest global investment firms, deploying private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest (formerly Global Investment Solutions). Founded in Washington, D.C. in 1987, it managed $477 billion in assets under management as of December 31, 2025, up 8% from $441 billion a year earlier. The firm has more than 2,500 employees, including 770 investment professionals in 27 offices across four continents. In 2025 it recorded inflows of $53.7 billion, deployed $54.5 billion, realized $34.1 billion of proceeds for carry fund investors, and returned about $0.9 billion to shareholders through dividends and share repurchases.

Global Private Equity advises buyout, growth, real estate, infrastructure and natural resources funds, with investments in more than 275 active portfolio companies employing over 700,000 people. Corporate private equity (about $104.3 billion of AUM) covers buyouts, strategic minority investments, growth capital and a longer-duration core strategy. Real estate (about $36.0 billion) invests in the U.S. and Europe, focusing on residential, senior living, industrial and self-storage properties. Infrastructure and natural resources (about $23.3 billion) invest across renewables, energy infrastructure, water and waste, transportation, digital infrastructure, power generation and energy. North American energy investing is generally conducted through a strategic investment in NGP, a Texas-based energy investor that is not controlled by Carlyle.

Global Credit had $211.3 billion of AUM and is the firm's fastest-growing segment, with more than 205 investment professionals. It covers liquid credit (CLOs and senior secured loans, $50.1 billion), opportunistic credit ($20.3 billion), direct lending through business development companies focused on middle-market loans ($13.6 billion), asset-backed finance ($10.2 billion), aviation finance through Carlyle Aviation Partners ($12.8 billion) and infrastructure credit ($6.9 billion). It also includes Carlyle Insurance Solutions, which provides reinsurance-related funding, asset management and advisory services and oversees the investment in Fortitude, and a global capital markets business. Carlyle AlpInvest had $102 billion of AUM, driven by fundraising in secondaries and portfolio finance and in its CAPM and CAPS funds.

Carlyle serves more than 3,200 active carry fund investors from 87 countries. Its funds invest across geographies, with local professionals in the markets where they invest, and recent portfolio company listings include Orion Breweries in Japan, Hexaware in India and Medline in the United States.