News Release

The Carlyle Group Announces Fourth Quarter and Full Year 2015 Financial Results

2016-015

Carlyle Announces a $200 Million Unit Repurchase Program

  • $923 million of Distributable Earnings on a pre-tax basis for 2015 or $2.73 per common unit on a post-tax basis; $145 million of Distributable Earnings in Q4 2015 or $0.38 per common unit on a post-tax basis
  • Declared a quarterly distribution of $0.29 per common unit for Q4 2015; Aggregate distribution of $2.07 per common unit for 2015
  • $2.7 billion in net new capital raised in Q4 2015 and $16.4 billion in 2015; $22.5 billion of gross new capital raised during 2015, excluding redemptions
  • $4.0 billion in realized proceeds in Q4 2015 and $18.1 billion realized in 2015
  • $4.0 billion in equity invested in Q4 2015 and $8.8 billion invested in 2015
  • Economic Net Income of $73 million and $397 million on a pre-tax basis, or $0.24 and $1.15 per Adjusted Unit on a post-tax basis, for Q4 2015 and 2015, respectively
  • U.S. GAAP net income (loss) attributable to The Carlyle Group L.P. of $(3) million and $(17) million, or $(0.04) and $(0.28) per common unit on a diluted basis, for Q4 2015 and 2015, respectively

Washington, DC – Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) today reported its unaudited results for the fourth quarter and full year ended December 31, 2015.

Carlyle Co-CEO David M. Rubenstein said, “Carlyle had a strong 2015 amid challenging markets, delivering a full-year distribution of $2.07 to Carlyle common unitholders. Despite our history of strong results and significant future growth opportunities, the equity market currently ascribes little value to our diversified investment platform. We are announcing a $200 million repurchase program as we see great value in Carlyle units.”

Click here to read the full fourth quarter and full year 2015 earnings release.

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