2020-017

The Carlyle Group Announces 2019 Unitholder Schedule K-1 Tax Packages

Washington, DC - Global investment firm The Carlyle Group Inc. (NASDAQ: CG) announced today that 2019 Unitholder Schedule K-1 Tax Packages are now available online for The Carlyle Group L.P.’s Common Unitholders. The Carlyle Group L.P. completed its conversion from a publicly traded partnership to a corporation named The Carlyle Group Inc. (referred to as “CG” before and after the conversion) on January 1, 2020. If you owned CG partnership units at the close of trading on December 31, 2019, your 2019 CG Tax Package will include two Schedule K-1s: one Schedule K-1 for the portion of the 2019 tax year that you held your units, and a second, final Schedule K-1 for the tax period beginning January 1, 2020 and ending at the time of the Conversion on January 1, 2020.

In addition, on October 7, 2019, CG redeemed all outstanding 5.875% Series A Preferred Units. 2019 Unitholder Schedule K-1 Tax Packages are also now available online for The Carlyle Group L.P.’s 5.875% Series A Preferred Unitholders for the 2019 tax period prior to the redemption.

Unitholders can access their Schedule K-1 Tax Package online at: https://www.taxpackagesupport.com/carlyle

For additional information on the corporate conversion and final Schedule K-1 reporting, please visit Carlyle’s Public Investors website http://ir.carlyle.com/tax-information.

Following this online release, as applicable, 2019 Unitholder Schedule K-1 Tax Packages will also be mailed as soon as is practicable. These will be the final Schedule K-1 Tax Packages issued as a limited partnership. For additional information, Unitholders may call the Tax Package Support Service toll-free at (855) 886-9762 (Within U.S.) or (800) 854-9346 (Outside U.S.), from 8 a.m. to 5 p.m. (CT) Monday through Friday.

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About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $224 billion of assets under management as of December 31, 2019, Carlyle’s purpose is to invest wisely and create value on behalf of our investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,775 people in 32 offices across six continents.

Contacts

Public Market Investor Relations
Daniel Harris
+1 (212) 813-4527
daniel.harris@carlyle.com

Media
Leigh Farris
+1 (212) 813-4815
leigh.farris@carlyle.com

OR

Brittany Berliner
+1 (212) 813-4839
brittany.berliner@carlyle.com