Financial Performance - Carlyle reported income before provision for income taxes of $441 million, with a margin of 280% for Q2 2025[3] - Net income attributable to The Carlyle Group Inc common stockholders was $320 million, or $087 per share on a diluted basis for Q2 2025[13] - Distributable Earnings (DE) were $431 million for Q2 2025, or $091 per common share on a post-tax basis[18] - Fee Related Earnings (FRE) were $323 million for Q2 2025[18] - Realized Net Performance Revenues were $88 million for Q2 2025[18] Assets Under Management (AUM) - Total Assets Under Management reached $465 billion as of June 30, 2025, a 7% increase year-over-year[6, 18] - Fee-earning Assets Under Management totaled $325 billion, up 6% year-over-year[18] - Perpetual Capital Fee-earning AUM was $101 billion, representing 31% of total Fee-earning AUM[18] Capital Management - A quarterly dividend of $035 per common share was declared, payable on August 28, 2025[4, 18] - The company repurchased or withheld 23 million shares of common stock in Q2 2025, totaling $104 million[18] - As of June 30, 2025, $06 billion of repurchase capacity remained under the $14 billion repurchase authorization[18]

CARLYLE Carlyle Reports Second Quarter 2025 Financial Results AUGUST 6, 2025 AUGUST 6, 2025 Carlyle Reports Second Quarter 2025 Financial Results Carlyle Reports Second Quarter 2025 Financial Results WASHINGTON, D.C. AND NEW YORK - August 6, 2025 - Global investment firm The Carlyle Group Inc. (NASDAQ: CG) today reported its unaudited results for the second quarter ended June 30, 2025, U.S. GAAP Results U.S. GAAP results for Q2 2025 included income before provision for income taxes of $44l million and a mar ...

Core Insights - Carlyle Secured Lending, Inc. reported a record quarter of originations despite market uncertainty, positioning itself well for an expected increase in deal volume in the second half of 2025 [1] - The company achieved a Net Investment Income of $0.39 per common share for the second quarter of 2025 [1] Financial Performance - Net asset value per common share decreased by 1.2% to $16.43 from $16.63 as of March 31, 2025 [2] - The total fair value of investments increased to $2.3 billion as of June 30, 2025 [2] - The Board of Directors declared a quarterly common dividend of $0.40 per share, payable on October 17, 2025 [3] Non-GAAP Financial Measures - Adjusted Net Investment Income Per Common Share is disclosed as a non-GAAP financial measure, providing additional insights into financial performance [5] - The adjustment for the second quarter reflects management's view of economic yield on acquired assets, consistent with internal performance evaluation [6] Company Overview - Carlyle Secured Lending, Inc. is focused on lending to middle-market companies and has invested approximately $9.9 billion since its inception in May 2013 [8] - The company aims to generate current income and capital appreciation primarily through debt investments in U.S. middle market companies [9]

Core Viewpoint - Carlyle Group (CG) is expected to report quarterly earnings of $0.91 per share, reflecting a 16.7% increase year-over-year, with revenues projected at $957.66 million, a 21.4% increase compared to the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.6%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts predict 'Segment Revenues- Realized principal investment income (loss)' at $28.84 million, an increase of 8.4% year-over-year [5]. - 'Segment Revenues- Realized performance revenues' is expected to reach $287.63 million, suggesting an 83.8% increase compared to the prior year [5]. - 'Segment Revenues- Fund management fees' is forecasted at $549.04 million, indicating a 4.5% year-over-year change [6]. - 'Segment Revenues- Transaction and portfolio advisory fees, net and other' is estimated to be $35.26 million, reflecting a 22% increase from the previous year [6]. Assets Under Management (AUM) Projections - 'Total AUM Roll Forward - Global Private Equity - EOP' is projected to be $163.92 billion, slightly down from $164.23 billion year-over-year [7]. - 'Total AUM Roll Forward - Global Investment Solutions - EOP' is expected to reach $88.23 billion, up from $80.63 billion in the same quarter last year [7]. - 'Total AUM Roll Forward - EOP' is anticipated to be $456.52 billion, compared to $434.62 billion reported in the same quarter last year [8]. - 'Fee-earning AUM Roll Forward - Global Private Equity - EOP' is projected at $103.54 billion, slightly down from $103.66 billion year-over-year [8]. - 'Fee-earning AUM Roll Forward - Global Credit - EOP' is expected to reach $164.74 billion, up from $155.44 billion in the same quarter last year [9]. - 'Total AUM Roll Forward - Global Credit - EOP' is projected at $204.37 billion, compared to $189.76 billion year-over-year [9]. - 'Fee-earning AUM Roll Forward - Global Investment Solutions - EOP' is estimated at $55.70 billion, up from $48.25 billion in the same quarter last year [10]. - 'Total Fee-earning AUM Roll Forward - EOP' is expected to be $323.98 billion, compared to $307.35 billion reported in the same quarter last year [10]. Stock Performance - Over the past month, Carlyle shares have increased by 9.9%, outperforming the Zacks S&P 500 composite, which saw a 1% change [11].

Company Announcement - Carlyle Commodities Corp. has appointed Mr. Bennett Liu as the new Chief Financial Officer, bringing extensive experience in financial reporting, regulatory compliance, and treasury for Canadian public companies [1] - Mr. Liu has held leadership roles in the mining and technology sectors, contributing to companies such as Inverite Insights, K92 Mining, South Star Battery, and Aton Resources [1] - The company expresses gratitude to the outgoing CFO, Alastair Brownlow, for his contributions and wishes him well in his future endeavors [2] Company Overview - Carlyle is a mineral exploration company focused on acquiring, exploring, and developing mineral resource properties [3] - The company owns 100% of the Quesnel Gold Project located in the Cariboo Mining Division, 30 kilometers northeast of Quesnel, British Columbia [3] - Carlyle also holds the option to acquire a 100% undivided interest in the Nicola East Mining Project, located approximately 25 kilometers east of Merritt, British Columbia [3] - The company is listed on the Canadian Securities Exchange under the symbol "CCC" and on the Frankfurt Exchange under the ticker "BJ4" [3]

Group 1 - Carlyle has emerged as a leading competitor by acquiring Ciril Group, valuing the latter at €525 million [1] - Ciril Group is a sovereign cloud company that provides cloud and software services to local governments in France [1]

Group 1 - KKR reported a 9% increase in adjusted net income for Q2, reaching $1.1 billion, or $1.18 per share, surpassing LSEG's estimate of $1.13 per share [1] - Fee-related income grew by 17% to $887 million, driven by management fees and capital markets business, despite high market volatility due to trade tariff promises from President Trump [2] - KKR's total assets under management reached $686 billion, a 14% year-over-year increase, with $28 billion in new capital raised during the quarter [3] Group 2 - KKR announced the acquisition of HealthCare Royalty Partners, focusing on royalty rights from pharmaceutical sales [3] - The company is collaborating with Capital Group to seek SEC approval for a fund that combines public markets and private equity, targeting the growing demand from affluent retail investors [3] - KKR raised $6.5 billion for an asset-backed financing fund, aiming to identify debt purchase opportunities similar to its deal with PIMCO for Harley-Davidson [3]

Company Overview - NEOGOV, founded in 2000 and headquartered in El Segundo, California, provides cloud-based human capital management and compliance software specifically designed for the public sector, serving nearly 10,000 organizations across North America [2][12] - The company's software suite supports the entire employee lifecycle, including recruitment, onboarding, performance management, and compliance management, ensuring agencies adhere to local policies and regulations [2][12] Transaction Details - Warburg Pincus and Carlyle have signed a definitive agreement to sell NEOGOV to EQT X fund and Canada Pension Plan Investment Board, highlighting NEOGOV's strong position in the government HR and compliance software market [1] - The transaction is subject to customary conditions and approvals, with completion expected in the coming months [7] Growth and Performance - During its nine-year partnership with Warburg Pincus, NEOGOV has significantly scaled its platform and expanded its product offerings, achieving consistent top-line growth [3] - The leadership at Warburg Pincus expressed confidence in NEOGOV's future success and its ability to continue thriving under new ownership [3][5] Investment Background - Warburg Pincus has invested over $36 billion in technology companies since its inception, indicating a strong commitment to growth in enterprise technology and cloud-based platforms [4] - Carlyle, with $453 billion in assets under management as of March 31, 2025, focuses on creating value through its investments across various sectors [10]

Core Insights - Carlyle Group's CEO Harvey Schwartz has promoted three executives to co-presidents, reinforcing his core management team in the restructuring of the private equity giant [1][2] - The appointments highlight the central role of private equity and credit businesses in Carlyle's strategic framework, with the private equity division contributing nearly half of the management fee revenue in Q1 [1][2] Management Changes - John Redett, a top corporate strategy expert, will transition from CFO to global private equity head, overseeing flagship acquisition and infrastructure sectors [1][2] - Mark Jenkins will continue to lead the credit business, which manages $453 billion in assets, and will also take on insurance business responsibilities [1][2] - Jeff Nedelman will enhance cross-strategy client service collaboration, avoiding internal resource competition [1][2] Strategic Goals - Schwartz's leadership aims to boost stock prices and reposition the company for growth, with a focus on understanding clients and aligning the management team with strategic goals [2] - The timing of the leadership announcement coincides with Carlyle's stock reaching historical highs and outperforming most peers over the past year [2] Challenges Ahead - Redett will face the challenge of integrating diverse businesses, particularly as Carlyle prepares for a retail fund across private equity strategies [3] - The company has also made leadership changes in the EMEA region, appointing Michael Wand to oversee investment business in Europe, the Middle East, and Africa [4] Broader Context - Carlyle's adjustments reflect a strategic response to market conditions, including the need for leadership in the post-Russia-Ukraine conflict European market and the emerging capital opportunities in the Middle East [4]

Core Points - Midland Exploration Inc. has successfully closed a private placement, raising gross proceeds of $5,058,750 from the sale of 10,650,000 flow-through shares at a price of $0.475 per share [1] - Centerra Gold Inc. has become a strategic investor, acquiring approximately 9.9% of Midland's issued and outstanding common shares [2] - The total gross proceeds from the private placements amount to $6,108,750, with a total of 107,450,577 common shares now issued and outstanding [3] Use of Proceeds - The proceeds from the offering will be allocated to Canadian exploration expenses that qualify as flow-through mining expenditures, to be incurred by December 31, 2026 [4] - The corporation expects to recover refundable tax credits of 22.5% on eligible exploration expenditures related to its gold projects over the next 18 months [5] Investor Rights and Agreements - Midland has entered into an Investor Rights Agreement with Centerra, granting Centerra certain rights to maintain its ownership percentage in future share issuances [6] Regulatory Compliance - The offering is subject to final approval from the TSX Venture Exchange, and all securities issued are subject to a hold period of four months plus one day from the closing date [7]