The Carlyle Group Inc. Common Stock

Carlyle Group is one of the world's largest alternative-asset managers, with $485.5 billion in total AUM, including $334.4 billion in fee-earning AUM, at the end of June 2026. The company has three core business segments: global private equity, which includes its private equity, real estate, infrastructure, and natural resources offerings (with $162.7 billion in total AUM and $96.6 billion in fee-earning AUM), global credit ($211.1 billion/$167.6 billion), and investment/fund solutions, known as Carlyle AlphInvest ($111.7 billion/$70.2 billion). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 3,100 active carry fund investors from 87 countries.