The Carlyle Group Announces Third Quarter 2015 Financial Results

• $244 million of Distributable Earnings on a pre-tax basis for Q3 2015 and $1.1 billion over the last twelve months; $0.74 per common unit on a post-tax basis in Q3 2015
• Declared a quarterly distribution of $0.56 per common unit for Q3 2015; Aggregate distribution of $1.78 per common unit for the first three quarters of 2015
• $4.6 billion in net new capital raised in Q3 2015 and $18.6 billion raised over the last twelve months
• $3.7 billion in realized proceeds in Q3 2015 and $19.6 billion realized over the last twelve months
• $1.6 billion in equity invested in Q3 2015 and $6.2 billion invested over the last twelve months
• Economic Net Income (Loss) of $(128) million on a pre-tax basis and $(0.43) per Adjusted Unit on a post-tax basis, driven by 4% carry fund portfolio depreciation in Q3 2015
• U.S. GAAP net loss attributable to The Carlyle Group L.P. of $(84) million, or $(1.11) per common unit on a diluted basis, for Q3 2015

Washington, DC – Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) today reported its unaudited results for the third quarter ended September 30, 2015.

Carlyle Co-CEO David M. Rubenstein said, “Carlyle's diverse platform produced strong cash flows during the third quarter despite global market declines. Our fund investors continued to entrust us with significant new capital as long term performance remains strong and our investment capabilities continue to expand. Third quarter Economic Net Income was largely driven by portfolio valuations on the final day of September, and since then global markets and valuations have moved higher. Our core business trends remain unaffected by these short term movements.”

Click here to read the full third quarter 2015 earnings release.

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