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

Company: Carlyle Group Inc.
Filing Date: 2025-07-29
Form: 40-6B/A
Chunk 29
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 the rule related to filing information with the Commission. While filing information related to fidelity bonds may serve to protect public investors, as employees’ securities companies, the Funds will not have public investors. Exempting the Funds from these provisions does not diminish investor protections, as Investors will receive the protections offered by the Funds’ compliance with other provisions of Rule 17g-1.Moreover, the Funds will not be making other filings with the Commission, such as those related to a registration statement, and no purpose would be served by establishing filing requirements solely for Rule 17g-1. 13

In addition, the Applicants maintain that the notices otherwise required to be given to each member of the board of directors of an investment company by paragraph (g) of Rule 17g-1would be unnecessary as the Funds do not and will not have boards of directors. The General Partner of a Fund will be the functional equivalent of the board of directors of an investment company. As stated above, the applicable General Partner appoints the person responsible for maintaining the information that would otherwise be filed with the Commission under paragraph (g) of the rule and has access to all such information. The information that would otherwise be filed with the Commission under paragraph (g) of the rule includes the full scope of the information for which notices would otherwise be given to the board of directors under the rule. It therefore would be unnecessary to give notices to the General Partner regarding this information. For the same reasons, the Applicants believe that the requirements relating to disinterested directors and their counsel in paragraphs (j)(3) of Rule 17g-1are burdensome and unnecessary as applied to the Funds. As discussed above, the Funds will have no boards of directors, and therefore it is not feasible to require the approval of joint fidelity bonds by disinterested directors of the Funds. Moreover, in light of the purpose of the Funds and the community of interest among the Funds and between the Funds and the applicable General Partner, the Applicants believe that little purpose would be served by this requirement even if it were feasible. The Applicants also state that each Fund will otherwise comply with Rule 17g-1.The fidelity bond of each Fund will cover Carlyle’s employees who have access to the securities and funds of the Fund.

| 6. | Section 17(j) and Rule l7j-1 |

Section 17(j) of the 1940 Act and paragraph (b) of Rule 17j-1under the 1940 Act make it unlawful for certain enumerated