Company: CGABL
Filing Date: 2025-09-17
Form Type: 424B5
Source: 0001193125-25-206326
Chunk: 6

Company: Carlyle Group Inc.
Filing Date: 2025-09-17
Form: 424B5
Chunk 6
---
, growth, real estate, infrastructure, and natural resources funds. Across our GPE funds, as of June 30, 2025, we had investments in more than 275 active portfolio companies that employ over 750,000 people around the
world.

Global Credit. Our Global Credit segment, which had $203 billion in AUM as of June 30, 2025, advises funds and
vehicles that pursue investment strategies including insurance solutions, liquid credit, opportunistic credit, direct lending, asset-backed finance, aviation finance, infrastructure credit, cross-platform credit products, and global capital markets.
Global Credit has been our fastest-growing segment in the past five years, with total AUM nearly quadrupling in that period. Since the establishment of Global Credit in 1999, these various capital sources have provided the opportunity for us to
offer highly customizable and creative financing solutions to borrowers to meet their specific capital needs. We draw on the expertise and underwriting capabilities of our more than 190 investment professionals and leverage the resources and
industry expertise of our global network to provide creative solutions for borrowers.

Carlyle AlpInvest (formerly, Global Investment Solutions). Our Carlyle AlpInvest segment, established in 2011, advises global private equity programs that pursue secondary purchases and financing of existing portfolios, managed co-investment programs,
and primary fund investments. We typically serve as the general partner, investment manager or collateral manager, making day-to-day investment decisions concerning the
assets of these products. As of June 30, 2025, our Carlyle AlpInvest segment had $97 billion in AUM.

For a description of our
business, financial condition, results of operations, and other important information, we refer you to our filings with the SEC incorporated by reference in this prospectus supplement. For instructions on how to find copies of these documents, see
“Where You Can Find More Information; Incorporation by Reference.”

S-4

Organizational Structure On January 1, 2020, we completed our conversion from a Delaware limited partnership named The Carlyle Group L.P. into a Delaware corporation named The Carlyle Group Inc. (the “Conversion”). Following the Conversion, each of the Guarantors is an indirect wholly owned subsidiary of The Carlyle Group Inc. The simplified diagram below does not depict all of our subsidiaries, including intermediate holding companies through which certain of the subsidiaries depicted are held.

| (1) | Certain direct and indirect wholly owned subsidiaries of the Guarantors omitted from this diagram