The Carlyle Group Announces Second Quarter 2014 Financial Results
July 30 2014 - 6:30AM
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."
Carlyle Co-CEO William E. Conway, Jr. said, "While Carlyle funds
continue to produce strong returns for our fund investors, the big
story is the strong performance of our European private equity
businesses. Carlyle Europe Partners III has appreciated 47% over
the past year and has begun generating substantial realized
performance fees, further diversifying the composition of Carlyle's
earnings. Our European technology funds are also performing
exceptionally well."
In addition to this release, Carlyle issued a detailed earnings
presentation of its second quarter 2014 results, which can be
viewed at http://ir.carlyle.com.
Distribution
The Board of Directors has declared a quarterly distribution of
$0.16 per common unit to holders of record at the close of business
on August 11, 2014, payable on August 22, 2014.
Conference Call
Carlyle will host a conference call at 8:30 a.m. EDT on
Wednesday, July 30, 2014 to announce and discuss financial results
for the second quarter of 2014.
The call may be accessed by dialing (800) 850-2903 (U.S.) or
+1-253-237-1169 (international) and referencing "The Carlyle Group
Financial Results Call." The conference call will be webcast
simultaneously via a link on Carlyle's investor relations website
at ir.carlyle.com and an archived replay of the webcast also will
be available on the website soon after the live call.
About The Carlyle Group
The Carlyle Group (Nasdaq:CG) is a global alternative asset
manager with $203 billion of assets under management across 126
funds and 139 fund of funds vehicles as of June 30, 2014. Carlyle's
purpose is to invest wisely and create value on behalf of its
investors, many of whom are public pensions. Carlyle invests across
four segments – Corporate Private Equity, Real Assets, Global
Market Strategies and Solutions – in Africa, Asia, Australia,
Europe, the Middle East, North America and South America. Carlyle
has expertise in various industries, including: aerospace, defense
& government services, consumer & retail, energy, financial
services, healthcare, industrial, real estate, technology &
business services, telecommunications & media and
transportation. The Carlyle Group employs more than 1,600 people in
40 offices across six continents.
Forward Looking Statements
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements include, but are not limited to, statements related to
our expectations regarding the performance of our business, our
financial results, our liquidity and capital resources and other
non-historical statements. You can identify these forward-looking
statements by the use of words such as "outlook," "believes,"
"expects," "potential," "continues," "may," "will," "should,"
"seeks," "approximately," "predicts," "intends," "plans,"
"estimates," "anticipates" or the negative version of these words
or other comparable words. These statements are subject to risks,
uncertainties and assumptions, including those described under the
section entitled "Risk Factors" in our Annual Report on Form 10-K
for the year ended December 31, 2013 filed with the SEC on February
27, 2014, as such factors may be updated from time to time in our
periodic filings with the SEC, which are accessible on the SEC's
website at www.sec.gov. These factors should not be construed as
exhaustive and should be read in conjunction with the other
cautionary statements that are included in this release and in our
filings with the SEC. We undertake no obligation to publicly update
or review any forward-looking statements, whether as a result of
new information, future developments or otherwise, except as
required by applicable law.
This release does not constitute an offer for any Carlyle
fund.
Web: www.carlyle.com Videos: www.youtube.com/onecarlyle Tweets:
www.twitter.com/onecarlyle Podcasts:
www.carlyle.com/about-carlyle/market-commentary
CONTACT: Public Market Investor Relations
Daniel Harris
Phone: 212-813-4527
daniel.harris@carlyle.com
Media
Elizabeth Gill
Phone: 202-729-5385
elizabeth.gill@carlyle.com
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