AdvisorCensus / Financial advisors / District of Columbia / Washington / The Carlyle Group
The Carlyle Group
Filed as THE CARLYLE GROUP · Legal name Carlyle Investment Management L.L.C.
The Carlyle Group is an SEC-registered investment advisory firm in Washington, DC, registered since 1996, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 7, 2026.
Quick answers
From the filingHow is The Carlyle Group compensated?
On its Form ADV (Item 5.E, October 2026), The Carlyle Group reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.
Where is The Carlyle Group located?
The Carlyle Group's principal office is in Washington, DC, according to its Form ADV; the August 2026 filing also lists 4 other offices (Schedule D, Section 1.F).
Is The Carlyle Group registered with the SEC or a state?
The Carlyle Group is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 111128.
How much does The Carlyle Group manage?
The Carlyle Group reports $283,814,531,141 in regulatory assets under management in its Form ADV filing dated July 7, 2026 (71% discretionary).
How have The Carlyle Group's assets and staff changed since 2021?
In the Form ADV data for The Carlyle Group: Regulatory assets under management: $151,222,396,045 in the October 2021 data and $283,814,531,141 in the October 2026 data, up 88%. Total employees: 882 in October 2021 and 1,040 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does The Carlyle Group serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (595); insurance companies (15); state or municipal government entities (including government pension plans) (1).
Does The Carlyle Group report any disciplinary disclosures?
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), and 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111128
What changed in The Carlyle Group's recent Form ADV filings?
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated July 7, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$283,814,531,141 as of October 2026, filing dated July 7, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Legal name
- Carlyle Investment Management L.L.C.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1996 (30 years)
- Employees
- Total: 1,040. Performing investment advisory functions: 317.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
4 other offices, as of the August 2026 filing
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 114 Reports 4 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $283,814,531,141 | 1,040 | July 7, 2026 |
| October 2025 | $275,859,765,986 | 1,028 | March 31, 2025 |
| October 2024 | $273,608,034,966 | 1,010 | July 3, 2024 |
| October 2023 | $243,968,240,347 | 1,018 | October 4, 2023 |
| October 2022 | $202,092,756,264 | 894 | August 30, 2022 |
| October 2021 | $151,222,396,045 | 882 | March 31, 2021 |
Regulatory assets under management: $151,222,396,045 in the October 2021 data and $283,814,531,141 in the October 2026 data, up 88%.
Total employees: 882 in October 2021 and 1,040 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- August 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- No longer lists the business name The Carlyle Group.
- Employees performing advisory functions went from 319 to 317.
- No longer lists an office in Boston, MA.
- Updated its list of owners and control persons (Schedule A).
- February 2026
- Updated its list of owners and control persons (Schedule A).
- January 2026
- No longer registered or notice-filed in TX.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. The Carlyle Group (CRD 111128): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/the-carlyle-group-washington-dc-111128