SUMMARY
This summary does not contain all the information you should consider before investing in the shares of common stock offered hereby. You
should read this entire prospectus supplement and accompanying prospectus and the documents incorporated by reference herein carefully, including the financial statements and related notes and reconciliations contained or incorporated by reference
herein and the section entitled Risk Factors in this prospectus supplement and in our Annual Report on Form 10-K for the year ended December 31, 2021 or in our periodic reports and
in other information that we file with the SEC, which are incorporated by reference in this prospectus supplement.
Except where
the context requires otherwise, references in this prospectus supplement to Carlyle, the Company, we, us and our refer to The Carlyle Group Inc. and its consolidated subsidiaries.
The Carlyle Group Inc.
We are a global investment firm that deploys capital across scalable strategies. We advise an array of investment funds and other investment
vehicles that invest across the spectrum of private capital asset classes, including private equity, credit, real estate, and natural resources. Our teams invest across a range of strategies that leverage our deep-industry expertise, local insights,
and global resources and seek to deliver attractive returns for our investors throughout an investment cycle. Since our firm was founded in Washington, D.C. in 1987, we have grown to manage $301 billion in AUM as of December 31, 2021. Our
experienced and diverse team of over 1,850 employees includes nearly 690 investment professionals in 26 offices across five continents, and we serve more than 2,850 active carry fund investors from 89 countries.
We operate our business across three segments: (1) Global Private Equity, (2) Global Credit, and (3) Global Investment
Solutions.
Global Private Equity. Our GPE segment advises our buyout, growth, real estate, and natural resources funds. Across our
GPE funds, as of December 31, 2021, we had investments in 256 active portfolio companies that employ more than 1,000,000 people around the world. Our GPE teams have the following areas of focus:
Corporate Private Equity. Our corporate private equity teams advise a diverse group of 37 active funds that invest in
transactions that focus either on a particular geography or strategy. Our buyout funds focus on corporate buyouts and strategic minority investments. The investment mandate for our growth capital funds is to seek out companies with the potential for
disruptive growth and operational improvements. Our core strategy seeks longer duration private equity opportunities, targeting stable businesses with sustainable market leadership. These funds are advised by teams of local professionals who live
and work in the markets where they invest. In 2021, we invested $16.2 billion in new and follow-on investments through our corporate private equity funds. As of December 31, 2021, our corporate
private equity funds had, in the aggregate, $109.0 billion in AUM.
Real Estate. Our real estate team advises
12 active real estate funds that invest in the U.S. and Europe, with a focus on a broad range of opportunities including residential properties, senior living facilities, industrial properties, and self-storage properties, but have limited our
exposure to office buildings, hotels and retail properties. Our real estate funds generally focus on acquiring single-property assets rather than large-cap companies with real estate portfolios and made more
than 1,100 investments in more than 620 cities or metropolitan statistical areas around the world as of December 31, 2021. As of December 31, 2021, our real estate funds had, in the aggregate, $29.3 billion in AUM.