DISCLOSURE OF THIRD-PARTY COMPENSATION
Pursuant to the Public Pension Fund Reform Code of Conduct to which Carlyle is a signatory, Carlyle is providing the information contained below insatisfaction of the requirement that it disclose to U.S. public pension funds investing in a Carlyle-sponsored investment fund any third-party
compensation paid in connection therewith.
The table below sets forth, on an aggregate, fund-wide basis, the third-party compensation paid by Carlyle since the inception of the investment fund,unless otherwise stated, in connection with the subscription of any U.S. public pension plan to such fund as denoted below. Please note that the fees
disclosed represent the full formation costs of the investment funds, and such amounts are typically limited to an agreed upon amount as set forth in
the fund organizational documents.
Carlyle representatives are available to discuss and provide further information in response to specific requests by U.S. public pension plans.
Fund

Description ofCompensation

Third Party

Amount ofCompensation1

Consulting

Adam James LLC$1,889.00

Consulting

Alistithmar Capital
P.O. Box 6888
Riyadh 11452 SAU$5,000.00

Legal

Clarel Benoit$1,610.00

Legal

CT Corporation System
1015 15th Street, NW
Washington, D.C. 20005$636.00

Legal

Debevoise & Plimpton LLP
919 Third Avenue
New York, NY 10022$908,738.00

PPM Printing

Financial Communications, Inc.

$46,578.00

LegalIntertrust$665.00

Legal

Kim & Chang$1,498.00

Legal

Latham & Watkins LLP
555 Eleventh Street, N.W.
Suite 1000
Washington, D.C. 20004$504.00

Legal

Simpson Thacher & Bartlett LLP
425 Lexington Ave
New York, NY 10012$10,761.00

Legal

Walkers Global$95,200.00

Legal

Walkers Corporate Limited$2,802.00

Carlyle Asia Growth Partners V, L.P.

1

$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

Carlyle Asia Partners V, L.P.

Consulting

Adam James LLC$4,127.00

PPM Printing

FCI Creative$49,536.00

Tax Advice

KPMG LLP$50,542.00

Consulting

Ovis Creative$4,550.00

Legal

Simpson Thacher & Bartlett LLP
425 Lexington Ave
New York, NY 10012$5,058,377.00

Legal

AZB & Partners$1,509.00

Legal

Richards, Layton & Finger$5,387.00

Legal

Walkers Global$80,936.00

Legal

Walkers Corporate Limited$3,500.00

Consulting

Simpson Thacher & Bartlett LLP
Barrie Covit
425 Lexington Ave
New York, NY 10012
Walkers Global
Theo Lefkos
190 Elgin Avenue
George Town, Grand Cayman
Cayman Islands KY1-9001
Walkers Corporate Limited
Theo Lefkos
27 Hospital Road
George Town, Grand Cayman
Cayman Islands KY1-9008
Adam James LLC

PPM Printing

Financial Communications, Inc.

$37,908.00

Legal

Kirkland & Ellis LLP$612,874.00

Legal

Walkers Global$29,718.00

Legal

Walkers Corporate Limited
Debevoise & Plimpton LLP
Jon Adler
919 Third Avenue
New York, NY 10022
Richards Layton & Finger
Mark Purpura
One Rodney Square
920 North King Street
Wilmington, DE 19801$6,400.00

Legal

Carlyle Beacon Partners, L.P.

Legal

Legal

Carlyle China Realty, L.P.

Carlyle Credit Opportunities Fund, L.P.

1$160,000.00$12,000.00$5,000.00$15,418.00$2,670,649$49,793$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

Walkers
190 Elgin Avenue
George Town
Grand Cayman KY1-9001
Cayman Islands
Stikeman Elliot LLP
Terence Doherty
445 Park Avenue, 7th Floor
New York, NY 10022
Financial Communications Inc.
Tom Molinaro
8001 Wisconsin Avenue
Suite 200
Bethesda, MD 20814
Ernst & Young
Lauren Miller
5 Times Square
New York, NY 10036
PriceWaterhouseCoopers LLP
300 Madison Avenue
New York, NY 10017
Latham & Watkins LLP
555 Eleventh Street NW
Suite 100
Washington, DC 20004
Chicago-Kent College of Law
565 W. Adams St.
Chicago, IL 60661
Adam James LLC
Tower Two, Colorado Center2000 South Colorado Blvd.
Suite 2-620
Denver, CO 80222
Kim & Chang
39, Sajik-ro 8-gil
Jongno-gu, Seoul 03170, Korea

1$33,910$30,062$20,619$15,420$5,375$4,687$1,840$1,678$63

Carlyle Eagle Coinvestment, L.P.

Legal

Simpson Thacher & Bartlett LLP
425 Lexington Ave
New York, NY 10012$82,000.00

Carlyle Encore Coinvestment, L.P.

Legal

Simpson Thacher & Bartlett LLP$210,000.00$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

Carlyle Erpe-Mere Partners, L.P.

Carlyle Europe Partners V, S.C.Sp.

Carlyle Europe Realty Gallia, L.P.

Carlyle Europe Realty Net. Works, L.P.

1

Legal

Debevoise & Plimpton LLP
919 Third Avenue
New York, NY 10022$145,000.00

Marketing Materials

Ovis Creative€5,560.00

Legal

Cuatrecasas Goncalves Pereira LLP
Paseo de Gracia 111
Barcelona 08008 ESP€2,970.00

Legal

Debevoise & Plimpton LLP
919 Third Avenue
New York, NY 10022€735,446.00

PPM Printing

Financial Communications Inc.
Tom Molinaro
800 I Wisconsin A venue, Suite 200
Bethesda, MD 20814€41,079.00

Legal

Mori Hamada & Matsumoto€1,508.00

Legal

Ropes & Gray LLP€13,726.00

Legal

Simpson Thacher & Bartlett LLP
425 Lexington Ave
New York, NY 10012€820,406.00

Legal

Stikeman Elliott LLP€6,630.00

Legal

Travers Smith LLP€2,095.00

Legal

Carter McKenzie Inc.
Warren Nadolsky
2000 South Colorado Blvd.
Suite 2-620
Denver, CO 80222$1,070.00

Legal

Kirkland & Ellis LLP
601 Lexington Ave.
New York, NY 10022$505,848.00

Legal

Walkers
190 Elgin Avenue
George Town, Grand Cayman
Cayman Islands KY1-9001$55,513.00

Carter McKenzie Inc.
Warren Nadolsky
2000 South Colorado Blvd.
Suite 2-620
Denver, CO 80222$373$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

Carlyle Europe Technology Partners IV,
S.C.Sp.

Carlyle Global Financial Services
Partners III, L.P.

Carlyle Global Infrastructure
Opportunity Fund, L.P.

Kirkland & Ellis LLP
601 Lexington Ave.
New York, NY 10022$164,443

Legal

Simpson Thacher & Bartlett LLP€1,367,730.81

Legal

Stikeman Elliot LLP€2,566.68

Printing

Financial Communications, Inc.

€43,679.33

Legal

Simpson Thacher & Bartlett LLP
425 Lexington Ave
New York, NY 10012$920,000.00

Printing

Financial Communications, Inc.

$44,484.00

Alistithmar Capital
P.O. Box 6888
Riyadh 11452, Saudi Arabia$5,000.00

NDT Fund Conference, LLC$2,975.00

Infrastructure Week

$30,000.00

PEI Media$35,644.00

SKDKnickerbocker LLC$4,500.00

Legal

Carter McKenzie Inc.
Warren Nadolsky
2000 South Colorado Blvd.
Suite 2-260
Denver, CO 80222$8,051.00

Licenses

CT Corporation System
Mark Brinkman
1015 15th Street, NW
Washington, D.C. 20005$1,407.00

Ernst & Young
Tony Hahn
8484 Westpark Drive
McLean, VA 22101$32,492.00

Financial Communications Inc.
Tom Molinaro
8001 Wisconsin A venue, Suite 200
Bethesda, MD 20814$44,631.00

Mori Hamada & Matsumoto
Marunouchi Park Building
2-6-1 Marunouchi, Chiyoda-ku
Tokyo 100-8222, Japan$15,216.00

Printing

1$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

LegalLegal

1

NetSquare
2-7-6 Nihonbashi Kayaba-cho,
Chuo-ku
Tokyo 103-0025, Japan$1,035.00

Simpson Thacher & Bartlett LLP
Glenn Sarno
425 Lexington Avenue
New York, NY 10017-3954$3,001,469.00

Stikeman Elliott LLP
445 Park Avenue, 7th Floor
New York, NY 10022$4,750.00

Walkers
190 Elgin Avenue
George Town, Grand Cayman
Cayman Islands KY1-9001$109,583.00

Arendt & Medernach
41A, Avenue JF Kennedy
L - 2082 Luxembourg
Luxembourg$6,526.00

Banque Cantonale de Geneve
Case Postale 2251
Geneve 2 1211, Switzerland$4,087.00

Burness Paull & Williamsons
LLP
50 Lothian Road
Festival Square
Edinburgh EH39WJ, Great Britain$18,557.00

Chantilly Air, Inc.
10761 James Payne Court
Manassas, VA 20110$59,975.00

Kim & Chang
39 Sajik-ro 8-Gil
Jongno-Gu
Seoul 110-720, Korea$18,841.00

Montford Funds AG
63 Chemin de Plan-Pra
1936 Verbier, Switzerland$4,062.00$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

NDT Fund Conference, LLC
100 N 6th St
Minneapolis, MN 55403$2,975.00

Legal

Cleary Gottlieb Steen & Hamilton LLP
One Liberty PlazaNew York, NY 10006$1,831,853

Printing

Financial Communications Inc.
4905 Del Ray Avenue, Ste 210
Bethesda, MD 20814$43,840

Arendt & Medernach
41A, Avenue JF Kennedy
L - 2082 Luxembourg
Luxembourg$151,323.00

Carter McKenzie Inc.
Warren Nadolsky
2000 South Colorado Blvd.
Suite 2-620
Denver, CO 80222$11,893.00

Carlyle Global Partners II, L.P.

Carlyle International Energy Partners II,
S.C.Sp.

1

De Pinna
35 Piccadilly
London, London
W1J 0LJ
Great Britain
Downstream Advisors, Inc.
Gina Roberts
5151 Belt Line Road
Suite 360
Dallas, Texas 75254
First Protocol Event Management Ltd
70 Newcomen St
Axe and Bottle Court
First Floor
London SE1 1YT
Great Britain$46,000.00

Kirkland & Ellis LLP
601 Lexington Avenue
New York, NY 10022$3,987,229.00$446.00$65,972.00$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

Osler, Hoskin & Harcourt LLP
100 King Street West
1 First Canadian Place
Suite 6200, P.O. Box 50
Toronto, ON m5X 1B8
Canada$16,363.00

Ovis Creative
483 Tenth Avenue
New York, NY 10018$6,475.00

SKDKnickerbocker LLC
1150 18th Street, NW
Washignton, DC 20036
The Berkeley
Wilton Place
Knightsbridge, London SW1X 7RL
Great Britain
Executive Interviews
Ox House
Milton Keynes, Bucks
Great Britain
Byron & Wilf Ltd
96 Kensington High Street
LondonGreat Britain
Stikeman Elliot LLP
445 Park Avenue, 7th Floor
New York, NY 10022
Financial Communications, Inc.
Tom Molinaro
8001 Wisconsin Avenue, Suite 200
Bethesda, MD 20814
Ardent Services SA
18 Rue de Bitbourg
123 Luxembourg
Luxembourg
Loyens Loeff
555 Madison Avenue
New York, NY 10022
Kim & Chang
39 Sajik-ro 8-Gil
Jongno-G, Seoul 13170
Korea
1$140,150.00$72,491.00$2,136.00$4,676.00$28,168.00$51,200.00$909.00$4,926.00$14,187.00$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

Carlyle Japan Partners IV, L.P.

Consulting
PPM Printing
Consulting
Legal
Tax
Legal
Consulting
Legal
Legal
Legal
Legal

JPY 88,315
JPY 6,863,402
JPY 426,432€86,154
JPY 2,957,000€12,171
JPY 165,240$2,475,086
JPY 2,572,351$98,800$9,878$440,000

Legal

Latham & Watkins LLP
Barton Clark
555 Eleventh Street, N.W.
Suite 1000
Washington, D.C. 20004$15,435.00

Legal

Richards, Layton and Finger, P.A.
Bernie Kelley
One Rodney Square
920 North King Street
Wilmington, DE 19801$6,012.85

Carlyle MSP Manager, L.L.C.

Carlyle Nautilus Coinvestment, L.P.

PPM Printing

1$16,468.00

Kirkland & Ellis
601 Lexington Avenue
New York, NY 10022

Matador Coinvestment S.C.Sp.

Carlyle Partners VII, L.P.

IIR Ltd.
Sheepen PlaceColchester CO3 3LP
Great Britain
Adam James LLC
FCI Creative
NetSquare
Arendt & Medernach
Deloitte Tohmatsu Group
Arendt Services S.A.
Simul International, Inc.
Kirkland & Ellis LLP
Mori Hamada & MatsumotoWalkers Global
Walkers Corporate Limited

Legal

Latham & Watkins LLP
555 Eleventh Street, N.W.
Suite 1000
Washington, D.C. 20004
Carter McKenzie Inc.
Warren Nadolsky
2000 South Colorado Blvd.
Suite 2-620
Denver, CO 80222
Financial Communications Inc.
Latham & Watkins LLP
555 Eleventh Street, N.W.
Suite 1000
Washington, D.C. 20004$155,000$420.65$48,592.00$4,000.00$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

Carlyle Prime Coinvestment, L.P.

Legal

Stikeman Elliott
Park Place, Suite 1700
666 Burrard Street
Vancouver V6H 2X8 Canada$24,226.00

Legal

Ropes & Gray

$35,625.00

Legal

Simpson Thacher & Bartlett LLP
425 Lexington Ave
New York, NY 10012$6,300,000.00

Legal

Simpson Thacher & Bartlett LLP$64,000

Legal

Licenses

1$5,000.00$6,365.00$4,389.00

Consulting

PricewaterhouseCoopers LLP
Adam Feuerstein
1800 Tysons Boulevard
McLean, VA22102$717,083.00

Legal

Richards, Layton & Finger, P.A.
Melissa K. Stubenberg
One Rodney Square
920 N, King Street
Wilmington, DE 19801$26,214.00

Legal

Simpson Thacher & Bartlett LLP
Glenn Sarno
425 Lexington Avenue
New York, NY 10017-3954$3,529,126.00

Legal

Carter McKenzie Inc.
Warren Nadolsky
2000 South Colorado Blvd.
Suite 2-620
Denver, CO 80222$13,258.00

Carlyle Property Investors, L.P.

Carlyle Realty Partners VIII, L.P.

Alistithmar Capital
P.O. Box 6888
Riyadh 11452 SAU
Carter McKenzie Inc.
Warren Nadolsky
2000 South Colorado Blvd.,
Suite 2-620
Denver, CO 80222
CT Corporation System
Mark Brinkman
1015 15th Street, NW
Washington, D.C. 20005$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

Licenses

CT Corporation System
Mark Brinkman
1015 15th Street, NW
Washington, D.C. 20005$7,686.00

Printing

Financial Communications Inc.
Tom Molinaro
800 I Wisconsin Avenue, Suite 200
Bethesda, MD 20814$34,400.00

Iode Productions
Stephen Yawger
5 Lyon Mall #119
Basking Ridge, NJ 07920

Legal

Printing

Carlyle Renewable and Sustainable
Energy, L.P.

Legal

Legal
1

$4,160.00

PricewaterhouseCoopers LLP
Adam Feuerstein
1800 Tysons Boulevard
McLean, VA 22102$128,248.00

Richards, Layton & Finger, P.A.
Melissa K. Stubenberg
One Rodney Square
920 N, King Street
Wilmington, DE 19801$46,279.00

Burness Paull & Williamsons LLPDLA Piper LLP
Stikeman Elliott LLP$1,229.00$3,234.00$2,180.00

Walkers$38,517.00

Simpson Thacher & Bartlett LLP
Glenn Sarno
425 Lexington Avenue
New York, NY 10017-3954
Financial Communications Inc.
Tom Molinaro
8001 Wisconsin Avenue, Suite 200
Bethesda, MD 20814
Carter McKenzie
Warren Nadolsky
2000 South Colorado Blvd. Suite 2-620
Denver, CO 80222
Arendt & Medernach
41A, Avenue JL Kennedy
L-2082 Luxembourg
Luxembourg$6,245,842.00$54,540$10,693$109,575$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

LegalLegal
Carlyle Starfruit Coinvestment, L.P.
Legal

Olser, Hoskin & Harcourt LLP
100 King Street West
1 First Canadian Place Suite 6200, P.O. Box 50
Toronto, ON M5X 1B8 Canada
PEI Media Inc.
7th floor, 100 Wood St.
London, EC2V 7AN, United Kingdom
Gitterman Wealth Management
379 Thornall St. 14th Floor
Edison, NJ 08837
IIR Ltd.
Sheepen PlaceColchester CO3 3LP
Great Britain
Mattos Filho, Veiga Filho, Marrey Jr e
Quiroga Advogados
34 E 51st St.
New York, NY 10022
Simpson Thacher & Bartlett LLP
Barrie Covit
425 Lexington Avenue
New York, NY 10017$3,097,299$4,642$25,820$10,000$26,468$32,000.00$425,000.00

Printing

Financial Communications Inc.
Tom Molinaro
8001 Wisconsin Ave, Suite 200
Bethesda, MD 20814$46,897.00

Legal - Organization

Simpson Thacher & Bartlett LLP
Jonathan Karen
425 Lexington Ave
New York, NY 10012$300,000.00

Legal - Fundraising

Simpson Thacher & Bartlett LLP
Daniel Daneshrad
425 Lexington Ave
New York, NY 10012$535,834.00

General/Administrative
Offering

Various$1,244,480.00

Carlyle Strategic Partners IV, L.P.

1

Kirkland & Ellis LLP
601 Lexington Avenue
New York, NY 10022$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

LegalSimpson Thacher & Bartlett LLP
Barrie Covit
425 Lexington Ave.
New York, NY 10017$975,000.00

General/Administrative
Offering

Various$25,000.00

Carlyle Structured Credit Fund, L.P.

CCOF GEM Co-Investment, L.P.

CDL 2018-1, L.P.

Legal

1

$120,000$24,800$210,000.00

Legal

Kirkland & Ellis LLP
601 Lexington Ave.
New York, NY 10022$583,894.00

Legal

Carter McKenzie Inc.
2000 South Colorado Blvd.
Suite 2-620
Denver, CO 80222$550.00

Legal

Burness Paul LLP
50 Lothian Road
Festival Square
Edinburgh, UK EH3 9WJ£6,655.00

Legal

Walkers
190 Elgin Avenue
George Twon, Grand Cayman
Cayman Islands KY1-9001$22,600.00

CER Italian Logistics, L.P.

CRP VIII 45-18 Court Square
Coinvestment, L.P.

Debevoise & Plimpton LLP
Jon Adler
919 Third Avenue
New York, NY 10022
Walkers
190 Elgin Avenue
George Town
Grand Cayman KY1-9001
Cayman Islands
Simpson Thacher & Bartlett, LLP
Barrie Covit
425 Lexington Avenue
New York, NY 10017

Carco Group Inc.
5000 Corporate Court
Suite 203
Holtsville, NY 11742
Holland & Knight LLP
524 Grand Regency Blvd
Brandon, FL 33578$7,626.00$6,846.00$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.

Podell Schwartz Schechter & Banfield LLP
605 3rd Avenue
18th Floor
New York, NY 10158$2,000.00

Simpson Thacher &Bartlett LLP
425 Lexington Avenue
New York, NY 10017$480,000.00

Troutman Sanders LLP
600 Peachtree Street NE
Suite 5200
Atlanta, GA 30308$27,497.00

Licenses

CT Corporation System
Mark Brinkman
1015 15th Street, NW
Washington, D.C. 20005$1,149.06

Legal

Latham & Watkins LLP
Barton Clark
555 Eleventh Street, N.W.
Suite 1000
Washington, D.C. 20004$81,789.65

Legal

Simpson Thacher & Bartlett, LLP
Barrie Covit
425 Lexington Avenue
New York, NY 10017$138,000.00

Organization Costs

Sullivan & Cromwell
125 Broad Street
New York, NY 10024-2498$440,258.07

Organization Costs

Venable LLP
P.O. Box 62727
Baltimore, MD 21264-2727$3,116.03

Indiana Investment Fund II, L.L.C.

TCG BDC II, Inc.

1

$ denotes U.S. dollars.
Note that no offer of interest in any Carlyle investment fund is being made hereby. A private offering of interests will be made, if at all, only pursuant to a confidential private
placement memorandum and subscription documents of any such fund, which will be furnished only to qualified investors on a confidential basis.