Company: CGABL
Filing Date: 2025-07-29
Form Type: 40-6B/A
Source: 0001193125-25-168066
Chunk: 8

Company: Carlyle Group Inc.
Filing Date: 2025-07-29
Form: 40-6B/A
Chunk 8
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 will not need the protection of the regulatory safeguards intended to protect the public. Prior to offering Interests to an Eligible Employee or an Eligible Family Member, a General Partner must reasonably believe that the Eligible Employee or Eligible Family Member will be capable of understanding and evaluating the merits and risks of participating in a Fund and that each such individual is able to bear the economic risk of such participation and afford a complete loss of his or her investment in a Fund. The General Partner may impose more restrictive suitability standards in its sole discretion. The limitations on the class of persons who may subscribe for, acquire or hold Interests, in conjunction with other characteristics of the Funds, will qualify each Fund as an “employees’ securities company” under Section 2(a)(13) of the 1940 Act. 5Notwithstanding the foregoing or anything contrary in this Application, the General Partner or Carlyle will have the absolute right to purchase any interest for its fair value if such General Partner determines in good faith that any Investor’s continued ownership of such interest jeopardizes such Fund’s status as an “employees’ securities company” under the 1940 Act.

| C. | Structure of the Funds |

The management of each Fund will be vested in its General Partner. All Funds will have only Eligible Employees and/or Qualified Participants as Investors and will have minimum capital commitments and restrictions with respect to transferability of Interests. The terms of each Fund will be determined by Carlyle in its discretion, consistent with the terms and conditions of the Order, and such terms will be fully disclosed to each Eligible Employee and, if a Qualified Participant of such Eligible Employee is required to make an investment decision with respect to whether or not to participate in a Fund, to such Qualified Participant, at the time such Eligible Employee or Qualified Participant is invited to participate in the Fund. Among other things, each Eligible Employee and, if a Qualified Participant of such Eligible Employee is required to make an investment decision with respect to whether or not to participate in a Fund, such Qualified Participant, will be furnished with an informational memorandum and a copy of the governing documents for the relevant Fund, which will set forth in full the terms applicable to an Investor’s Interests in a Fund.

| 5 | Section 2(a)(13) of the 1940 Act defines an “employees’ securities company” as “any                                                                                                                                                                
 investment company or similar issuer all of the outstanding securities of which (other than short-term paper) are beneficially owned (A) by the