The Carlyle Group Announces First Quarter 2021 Financial Results
Washington, DC, April 29, 2021 – Global investment firm The Carlyle Group Inc. (NASDAQ: CG) today reported its unaudited results for the first quarter ended March 31, 2021. The full detailed presentation of Carlyle's first quarter 2021 results can be viewed on the investor relations section of our website at ir.carlyle.com.
Carlyle CEO Kewsong Lee said, “Excellent fund performance this quarter drove a record net accrued carry balance and we have strong momentum thanks to well-positioned investment portfolios and robust deal activity across our global platform. We believe our strong performance this quarter underscores how we’ll continue to deliver value for our stakeholders as we execute on our long-term strategic plan.”
U.S. GAAP results for Q1 2021 included income (loss) before provision for income taxes of $1.2 billion and net income (loss) per common share of $2.41 on a diluted basis. Total balance sheet assets were $17 billion as of March 31, 2021.
The Board of Directors has declared a quarterly dividend of $0.25 per common share to holders of record at the close of business on May 11, 2021, payable on May 19, 2021.
Carlyle will host a conference call at 8:30 a.m. EDT on Thursday, April 29, 2021, to announce its first quarter 2021 financial results. The conference call will be available via public webcast from the Shareholders section of Carlyle's website at www.carlyle.com and a replay will be available on our website soon after the call’s completion.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Investment Solutions. With $260 billion of assets under management as of March 31, 2021, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,800 people in 29 offices across five continents. Further information is available at www.carlyle.com. Follow The Carlyle Group on Twitter @OneCarlyle.