As a global investment firm we work together to create long-term value for our investors, companies, shareholders, people and communities.
Notices & Disclaimers LP Login Annual Report 2022 Impact Review 2022 Q1 2023 Financial Results
With 29 offices across 5 continents and more than 2,200 professionals worldwide, we leverage our global network to deliver our best thinking and drive positive change.
We manage $381 billion in assets, spanning 3 business segments and 562 investment vehicles, investing wisely and responsibly over the long-term.
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Our people make us unique.
The strength of our global team is essential to our success.
A diverse & inclusive community is our imperative.
At Carlyle, we know that diverse teams ask better questions and inclusive teams find better answers.
We seek to create a community where we continually exchange insights, embrace different perspectives and challenge the status quo.
Our diverse and inclusive community makes us better partners and ultimately, helps us to build better businesses.
See how we do it
We seek to build lasting partnerships underpinned by trust and credibility.
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Through our scale and extensive reach, our team is able to deliver a truly global platform.
Deep Industry Knowledge
We leverage our expertise across our businesses to ensure we are delivering the best solutions to our partners and companies.
Our Diverse & inclusive team
Our range of voices provides deeper insight and helps us to outperform over the long-term.
Global insights to help build better portfolios, businesses and communities
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We strive to embed impact across our investment processes.
We partner with management teams to build better businesses that have:
A range of voices and insights
Collaborative teams united by trust
Reducing risk and driving value
Navigating the impact of climate change
Stronger Community Ties
Supporting local communities
Better businesses result in better outcomes.
View our value creation case studies
Anatomy of a Private Equity Deal:
ESG integration in action
Integrating ESG data, analysis, and action helps us drive value across four major components of our equity investment process
Investment Deal Sourcing
In a changing world we are constantly evaluating our investment opportunity set, led by the thematic expertise of our specialized investment teams. Increasingly, ESG and impact themes are helping our investors assess investment opportunities from shifts such as:
- Emerging growth markets – for example, technologies driving better health outcomes at a lower cost, such as One Medical’s platform, described here
- Market disruptions – the electrification of the vehicle fleet, for example, as seen through our Axletech investment in last year’s report here
- Changing consumer preferences – growing demand for sustainable and transparent goods and services, as demonstrated through Weiman’s growth in greener cleaning supplies here
Investment Due Diligence
ESG integration in due diligence is led by our investment teams, with analysis and input from our dedicated ESG experts. We bring in specialized external ESG partners to help dive deeper on specific issues, such as climate risk modelers to help us assess potential physical risks from climate change. We focus on the most material ESG issues for a company and its sector, using the Sustainability Accounting Standards Board (SASB) sector guides as a starting point to focus our diligence. Each buyout investment advisory team includes an analysis of relevant ESG issues in its final investment committee memorandum seeking approval for an investment. Due diligence also provides an opportunity to include discussions of ESG- or impact-related value creation opportunities that may be embedded into a company’s broader value creation plan.
Once we own a particular portfolio company or asset, we monitor material ESG issues and assess opportunities to generate value from ESG initiatives and growth markets. We support portfolio companies to both evaluate ESG issues related to their businesses and develop their own internal capacity to manage these issues and opportunities, if not already in place. Our goal is to provide distinct resources that allow portfolio companies to develop ESG and impact approaches beyond what they may have otherwise: capital injections to upgrade equipment and advance R&D, support from our dedicated internal ESG professionals, connections to leading experts in ESG issues in their sector, institutional knowledge of best practices and reporting, and the leverage of other firm resources including cross-portfolio collaboration between our companies. ESG data is a core tool we use during the investment period to drive value – we track ESG key performance indicators (KPIs) across our investments for issues which are systemically important (such as diversity of boards and management teams), and several of our larger funds also track bespoke, material ESG KPIs for each controlled portfolio company. You can read more about our approach to ESG data here.
ESG implications for investment exits are rapidly emerging. We increasingly see valuation premiums for business models and competencies that reflect ESG best practices. For instance, our research has shown that increasing an oil and gas company’s share of total revenue from renewable energy from zero to 40% could lead to a doubling of the typical energy company’s trailing EBITDA valuation multiple. We work with our companies to integrate, measure, and communicate their bespoke approach to ESG, as we see these characteristics increasingly valued in investment exits.