PRESS RELEASE

The Carlyle Group Announces Fourth Quarter and Full Year 2012 Earnings Results

Wed, 20 February 2013
2013-015

The Carlyle Group Announces Fourth Quarter and Full Year 2012 Earnings Results

  • $0.49 per common unit in Distributable Earnings in Q4 2012 and $1.39 per common unit in Distributable Earnings since The Carlyle Group IPO in May 2012
  • Quarterly distribution of $0.85 per common unit declared, aggregate distributions of $1.12 per common unit for 2012, which represents 80% of post-IPO, after-tax Distributable Earnings
  • $18.7 billion of carry fund realizations in 2012 and more than $36 billion in carry fund realizations over the past two years
  • $14.0 billion in new capital raised in 2012, including $4.6 billion in Q4 2012, which was more than double the 2011 level
  • $7.9 billion in carry fund equity invested in 2012, including $3.3 billion in Q4 2012
  • Acquired equity interests in NGP Energy Capital Management and Vermillion Asset Management during Q4 2012
  • U.S. GAAP net income attributable to The Carlyle Group L.P. of $12 million, which was $0.25 per common unit on a fully diluted basis, for Q4 2012

Washington, DC – Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG), today reported its unaudited results for the fourth quarter and the year ended December 31, 2012.

David M. Rubenstein, Co-Chief Executive Officer of Carlyle, said, “We had another excellent year. Our performance over the past two years was marked by steady, continuous progress across our business. Most notably, in 2012 we raised twice as much capital as we did in 2011, with over $14 billion of new capital commitments into our funds. As a strong reflection of our cash earnings, we are announcing an attractive fourth quarter distribution of $0.85 per unit to our common unitholders."

Click here to read the full fourth quarter and full year 2012 earnings release.