Carlyle Reports Second Quarter 2023 Financial Results

Global investment firm The Carlyle Group Inc. (NASDAQ: CG) today reported its unaudited results for the second quarter ended June 30, 2023. The full detailed presentation of Carlyle’s second quarter 2023 results can be viewed here.

Carlyle Chief Executive Officer Harvey M. Schwartz said, “While the economic backdrop remains complex and investor sentiment remains mixed, the peak of the inflation cycle may have passed. We’re cautiously optimistic activity levels will accelerate from here. Our deep and talented investing teams are focused on capitalizing on opportunities to deploy capital where we see great risk-reward. As a leadership team, we are intensely focused on delivering performance excellence for our investors and driving long-term shareholder value. We are taking action to mobilize teams around priority areas to drive disciplined growth and I am confident Carlyle is well-positioned for the future.”

U.S. GAAP results for Q2 2023 included income (loss) before provision for income taxes of $(0.1) billion and net income (loss) per common share of $(0.27) on a diluted basis.  Total balance sheet assets were $21 billion as of June 30, 2023.

Dividend

The Board of Directors has declared a quarterly dividend of $0.350 per common share to holders of record at the close of business on August 15, 2023, payable on August 23, 2023.

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 Global Investment Solutions. With $325 billion of assets under management as of March 31, 2022, 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 nearly 1,900 people in 26 offices across five continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle.

Contact:

Daniel Harris – Public Market Investor Relations – daniel.harris@carlyle.com – (212) 813-4527

Source: The Carlyle Group, Inc.