The Carlyle Group Announces Fourth Quarter and Full Year 2020 Financial Results

Global investment firm The Carlyle Group Inc. (“Carlyle”) reported its unaudited results for the fourth quarter and full year ended December 31, 2020. The full detailed presentation of Carlyle’s fourth quarter and full year 2020 results can be viewed on the investor relations section of our website at ir.carlyle.com.

Carlyle CEO Kewsong Lee said, “2020 was a year of growth and positive change for Carlyle thanks to the dedication, hard work and expertise of our people. We delivered strong results for our shareholders, as our business model proved resilient and adaptable, despite a challenging and complex environment. Our investment portfolios continue to be in great shape and even as challenges continue into 2021 we are well positioned to build on our momentum as we look to accelerate growth in the coming years.”

U.S. GAAP results for Q4 2020 and 2020 included income before provision for income taxes of $697 million and $580 million, and net income attributable to The Carlyle Group Inc. common stockholders of $519 million and $348 million, or net income (loss) per common share of $1.44 and $0.97, on a diluted basis. Total balance sheet assets were $16 billion as of December 31, 2020.

Dividend

The Board of Directors has declared a quarterly dividend of $0.25 per common share to holders of record at the close of business on February 16, 2021, payable on February 23, 2021. For full year 2020, the Board of Directors declared $1.00 in aggregate distributions to common stockholders.

About The Carlyle Group

The Carlyle Group (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 Investment Solutions. With $246 billion of assets under management as of December 31, 2020, 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. The Carlyle Group employs 1,825 people in 29 offices across five continents. Further information is available at www.carlyle.com. Follow The Carlyle Group on Twitter @OneCarlyle.

Contact:

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

Source: The Carlyle Group, Inc.