News Release
The Carlyle Group Announces Second Quarter 2014 Financial Results
2014-065
$324 million of Distributable Earnings on a pre‐tax basis in Q2 2014 and $1.0 billion over last twelve months; $0.93 per common unit on a post‐tax basis in Q2 2014- Economic Net Income of $318 million on a pre‐tax basis and $0.73 per Adjusted Unit on a post‐tax basis, supported by 5% carry fund portfolio appreciation in Q2 2014
- $7.4 billion in new capital raised in Q2 2014 and $23.1 billion raised over the last twelve months
- $6.5 billion in realized proceeds in Q2 2014 and $18.9 billion realized over the last twelve months
- $3.4 billion in equity invested in Q2 2014, and $8.6 billion invested over the last twelve months
- Declared quarterly distribution of $0.16 per common unit for Q2 2014 for an aggregate distribution of $0.32 for the first two quarters of 2014
- U.S. GAAP net income attributable to The Carlyle Group L.P. of $20 million, or $0.27 per common unit on a diluted basis, in Q2 2014
Washington, DC – Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) today reported its unaudited results for the second quarter of 2014, which ended on June 30, 2014.
Carlyle Co‐CEO David M. Rubenstein said, “Carlyle raised a significant amount of capital in the second quarter. Our track record, combined with increased demand for alternative investment strategies from large limited partners, led to substantial new fund commitments. Fundraising in our Real Assets segment was particularly strong this quarter.”
Click here to read the full second quarter 2014 earnings release.
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