PRESS RELEASE

The Carlyle Group Announces Third Quarter 2012 Earnings Results

Wed, 07 November 2012
2012-072

The Carlyle Group Announces Third Quarter 2012 Earnings Results

The Carlyle Group Announces Third Quarter 2012 Earnings Results 

·         $0.63 per common unit in Distributable Earnings in Q3 2012,  $0.91 per common unit in Distributable Earnings since The  Carlyle Group IPO

·         $5.1 billion of carry fund realizations in Q3 2012 continues strong pace of exit activity, with $11.9 billion in realized proceeds year to date

·         $3.4 billion in new capital raised during Q3 2012 and $9.4 billion in new capital raised year to date

·         $1.6 billion in carry fund equity invested in Q3 2012 with more than $4.0 billion in additional equity committed to transactions expected to close in upcoming quarters

·         Quarterly distribution of $0.16 per unit declared for common unitholders

·         U.S. GAAP net income attributable to The Carlyle Group L.P. of $19 million, or $0.40 per common unit on a fully diluted basis for Q3 2012

Washington, DC – Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG), today reported its unaudited third quarter 2012 results.

David M. Rubenstein, Co-Chief Executive Officer of Carlyle, said, “Every component of the Carlyle engine is running strong. Third quarter fundraising was solid, our investment pace was active, portfolio valuations were up and we generated substantial cash returns for our fund investors. These returns drove robust distributable earnings for the third quarter. Additionally, this quarter we raised $3.4 billion in fresh capital, reflective of strong investor confidence in our global model and investment performance.”

Click here to read the full third quarter 2012 earnings release.