The Carlyle Group Announces First Quarter 2013 Financial Results

• $0.47 per common unit in Distributable Earnings in Q1 2013, or $168 million on a pre-tax basis


• $4.9 billion in new capital raised in Q1 2013 and $16.9 billion raised over the past twelve months


• 7% portfolio appreciation in Q1 2013, driving Economic Net Income of $394 million on a pre-tax basis


• $4.1 billion in realized proceeds in Q1 2013, with $19.1 billion realized over the past twelve months


• Declared quarterly distribution of $0.16 per common unit for Q1 2013


• U.S. GAAP net income attributable to The Carlyle Group L.P. of $34 million, or $0.66 per common unit on a diluted basis, in Q1 2013

Washington, DC – Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) today reported its unaudited results for the first quarter of 2013, which ended on March 31, 2013.

David M. Rubenstein, Co-Chief Executive Officer of Carlyle, said, “Our first quarter results continue to demonstrate strength in the Carlyle Engine.  Fundraising was particularly strong, with $5 billion in new capital raised, and we generated $4 billion in realized proceeds. We continue to invest in Carlyle’s growing operational capabilities, notably the build-out of our international energy team, the launch of our new business development corporation, and an expanded retail strategy.”

Click here to read the full first quarter 2013 earnings release.