# The Carlyle Group

> 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.

- CRD: 111128
- Filed as: THE CARLYLE GROUP
- Legal name: Carlyle Investment Management L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Washington, DC
- Filing period: October 2026
- Form ADV filing dated: July 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111128
- AdvisorCensus page: https://advisorcensus.com/firm/the-carlyle-group-washington-dc-111128

## Quick answers

**How 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

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $283,814,531,141
- Discretionary: $200,750,388,315
- Non-discretionary: $83,064,142,826

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 595 | $203,401,503,810 |
| State or municipal government entities (including government pension plans) | 1 | Not reported |
| Insurance companies | 15 | $80,392,086,429 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Other | 1 | $20,940,902 |

### 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

### Firm details
- Registered since: 1996 (30 years)
- Employees: 1,040 total, 317 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 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. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111128

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Los Angeles, CA
- Menlo Park, CA
- New York, NY
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- abingworth.com
- carlyle.aero
- carlyle.com
- carlylecreditincomefund.com
- carlylesecuredlending.com
- flyleasing.com
- ir.carlyle.com
- open.spotify.com/show/0lSJsAuCuKk94tcR2p9yEu
- open.spotify.com/show/6gfrqUhrdRzXUQuV9V2dtS
- podcasts.apple.com/us/podcast/insights-and-indicators/id1607380340
- Facebook @ONECARLYLE
- Instagram @ONECARLYLE
- LinkedIn @the-carlyle-group
- X @ONECARLYLE
- YouTube @OneCarlyle

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $151,222,396,045 | 882 | March 31, 2021 |
| October 2022 | $202,092,756,264 | 894 | August 30, 2022 |
| October 2023 | $243,968,240,347 | 1,018 | October 4, 2023 |
| October 2024 | $273,608,034,966 | 1,010 | July 3, 2024 |
| October 2025 | $275,859,765,986 | 1,028 | March 31, 2025 |
| October 2026 | $283,814,531,141 | 1,040 | July 7, 2026 |

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.

## 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Carlyle Group (CRD 111128): Form ADV filing data as of October 2026.