The Carlyle Group Announces Third Quarter 2013 Financial Results

• 
  $105 million of Distributable Earnings on a pre-tax basis in Q3 2013, or $0.32 per common unit on a post-tax basis


•  $6.5 billion in new capital raised in Q3 2013 and $22.9 billion raised over the past twelve months


•  $3.0 billion in realized proceeds in Q3 2013, with $17.8 billion realized over the past twelve months


•  $1.9 billion in equity invested in Q3 2013 and $9.1 billion invested over the past twelve months


•  4% carry fund portfolio appreciation in Q3 2013, driving Economic Net Income of $195 million on a pre-tax basis


•  Declared quarterly distribution of $0.16 per common unit for Q3 2013 for an aggregate distribution of $0.48 for the first three quarters of 2013


•  U.S. GAAP net income attributable to The Carlyle Group L.P. of $2.3 million, or $0.04 per common unit on a diluted basis, in Q3 2013

Washington, DC – Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) today reported its unaudited results for the third quarter of 2013, which ended on September 30, 2013.

Carlyle Co-CEO David M. Rubenstein said, “We continue to see strong interest from fund investors for Carlyle products, and our overall pace of fundraising is the highest since 2007. Carlyle has produced $1.33 per common unit in Distributable Earnings year to date and announced distributions to unitholders of $0.48, positioning unitholders for a solid year end distribution.  We continue to innovate and add high quality strategic assets to Carlyle, and we look forward to taking a deep dive into all of Carlyle’s businesses at our first Investor Day on November 11th.”

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