# EDGAR Filing Document

**Accession Number:** 0001527166
**File Stem:** 0001527166-26-000006
**Filing Date:** 2026-2
**Character Count:** 15882
**Document Hash:** 45f16c0438600a0092c2c8618ea4a044
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001527166-26-000006.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001527166-26-000006

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20260226

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Carlyle Group Inc.
- **CENTRAL INDEX KEY:** 0001527166
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 452832612
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35538
- **FILM NUMBER:** 26681625

**BUSINESS ADDRESS:**
- **STREET 1:** C/O THE CARLYLE GROUP
- **STREET 2:** 1001 PENNSYLVANIA AVENUE, N.W.
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20004
- **BUSINESS PHONE:** 202 729 5626

**MAIL ADDRESS:**
- **STREET 1:** C/O THE CARLYLE GROUP
- **STREET 2:** 1001 PENNSYLVANIA AVENUE, N.W.
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Carlyle Group L.P.
- **DATE OF NAME CHANGE:** 20110801

?xml version='1.0' encoding='ASCII'? cg-20260226

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, DC 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d) of the**

**Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): February 26, 2026**![Carlyle-Logo-blue.jpg](cg-20260226_g1.jpg)

## The Carlyle Group Inc.
**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-35538** | **45-2832612** |
| **(State or Other Jurisdiction**<br>**of Incorporation)**<br>| **(Commission**<br>**File Number)**<br>| **(IRS Employer**<br>**Identification No.)**<br>|
| **1001 Pennsylvania Avenue, NW** | **1001 Pennsylvania Avenue, NW** |  |
| **Washington,** | **DC** | **20004-2505** |
| **(Address of Principal Executive Offices)** | **(Address of Principal Executive Offices)** | **(Zip Code)** |

---

**(202) 729-5626** 

**(Registrant's Telephone Number, Including Area Code)**

**Not Applicable**

**(Former Name or Former Address, if Changed Since Last Report)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of

the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | |
|:---|:---|
| **Title of each class** | **Name of each exchange on which registered** |
| Common Stock<br> CG | The Nasdaq Global Select Market |
| 4.625% Subordinated Notes due 2061 of Carlyle Finance <br>L.L.C.<br>CGABL | The Nasdaq Global Select Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

---

| | |
|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure.** |

---

On February 26, 2026, the Carlyle Group Inc. (the "Company") issued a press release announcing the Company's growth

outlook and financial objectives. In addition, the Company is posting on its website a presentation that will be used during its

previously announced Shareholder Update scheduled for today, February 26, 2026, at 8:30 a.m. EST. The presentation is

accessible through the Events & Presentations section of the Company's website at ir.carlyle.com. From time to time, the

Company uses its website as a distribution channel for financial and other important information.

The information in this Report, including the exhibits hereto, shall not be deemed "filed" for purposes of Section 18 of the

Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed

incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by

specific reference in such a filing.

**Forward-Looking Statements**

This Report may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as

amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to,

statements related to our expectations, estimates, beliefs, projections, future plans and strategies, anticipated events or trends, and

similar expressions and statements that are not historical facts, including our expectations regarding the performance of our

business, our financial results, our liquidity and capital resources, contingencies, and our dividend policy. You can identify these

forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may,"

"will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," "targets," or the negative

version of these words or other comparable words. Statements related to projected Assets Under Management Distributable

Earnings, Fee Related Earnings ("FRE"), FRE Margin, inflows, and fee revenue for future periods could be impacted by the

level of investment performance, our ability to fundraise and the fees we can charge on such commitments, the pace and scale of

capital deployment, which may not be consistent with historical levels, the pace and success of exit activity, changes in

regulations and laws (including tax laws), our ability to scale existing businesses and wind-down underperforming businesses,

our ability to manage expenses and retain key personnel, our ability to manage stock dilution, and our ability to charge and retain

transaction fees. Even if we were to achieve our goals, there is no guarantee that such fundraising will translate into increased

earnings and margins. There can be no assurance that the Company's strategic goals will ultimately be realized, or if realized that

they will have the effect of accelerating our growth or earnings. All projections assume benign market conditions. Such forward-

looking statements are subject to various risks, uncertainties, and assumptions. Accordingly, there are or will be important

factors that could cause actual outcomes or results to differ materially from those indicated in these statements including, but not

limited to, those described in this Report and under the section entitled "Risk Factors" in our Annual Report on Form 10-K for

the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission ("SEC") on February 27, 2025, as

such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC's website at

www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary

statements that are included in this Report and in our other periodic filings with the SEC. We undertake no obligation to publicly

update or review any forward-looking statements, whether as a result of new information, future developments, or otherwise,

except as required by applicable law.

*This Report does not constitute an offer for any Carlyle fund.*

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

---

**(d)Exhibits.**

---

| | |
|:---|:---|
| **<u>Exhibit No.</u>** | **<u>Description</u>** |
| 99.1 | <u>[Press release of The Carlyle Group Inc., dated February 26, 2026.](cg202602268-kexx991.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its

behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **The Carlyle Group Inc.** | **The Carlyle Group Inc.** |
| Date: February 26, 2026 | By: | /s/ Justin V. Plouffe |
|  | Name: | Justin V. Plouffe |
|  | Title: | Chief Financial Officer |

---

## Exhibit 99.1

Page \| 1

**Exhibit 99.1**

![carlylelogo-blue.jpg](carlylelogo-blue.jpg)

**Carlyle Presents Growth Outlook at 2026 Shareholder Update**

*Sets three-year financial targets including Fee Related Earnings ("FRE"), Inflows, and Distributable* 

*Earnings ("DE") per common share*

**Washington, D.C. and New York, NY – February 26, 2026** – Global investment firm Carlyle (NASDAQ: CG) is

announcing its growth outlook and financial objectives at the 2026 Shareholder Update, beginning today at 8:30

a.m. EST. The program will include presentations by senior leadership, followed by a Q&A session.

Carlyle will announce three-year financial targets to be achieved by the end of 2028, including:

• FRE of $1.9+ billion

• Inflows of $200+ billion

• DE per common share of $6.00+

Carlyle is also announcing that its Board of Directors has approved a new $2 billion share repurchase authorization.

The authorization provides the firm with flexibility to repurchase shares as part of its disciplined capital allocation

framework.

Harvey M. Schwartz, Chief Executive Officer of Carlyle, said: "Over the past three years, we have systematically

reshaped Carlyle into a more diversified, more durable, and higher performing platform, delivering record financial

results. The financial targets we are announcing today reflect our confidence in the momentum of our platform and

our ability to deliver sustained growth and enhanced shareholder value."

**<u>Live Webcast</u>**

Presentation materials and a live webcast can be accessed on the Events & Presentations section of our website at

ir.carlyle.com. A replay of the webcast will be available on the website following the event.

Any questions regarding the 2026 Shareholder Update may be addressed to Carlyle's Investor Relations team at

publicinvestor@carlyle.com.

**<u>About Carlyle</u>**

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across

three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $477 billion of assets

under management as of December 31, 2025, Carlyle's purpose is to invest wisely and create value on behalf of its

investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,500

people in 27 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on

X @OneCarlyle and LinkedIn at The Carlyle Group.

Page \| 2

**<u>Forward-Looking Statements</u>**

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act

of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements

include, but are not limited to, statements related to our expectations, estimates, beliefs, projections, future plans and

strategies, anticipated events or trends, and similar expressions and statements that are not historical facts, including

our expectations regarding the performance of our business, our financial results, our liquidity and capital resources,

contingencies, and our dividend policy. You can identify these forward-looking statements by the use of words such

as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately,"

"predicts," "intends," "plans," "estimates," "anticipates," "targets," or the negative version of these words or other

comparable words. Statements related to projected Assets Under Management, DE, FRE, FRE Margin, inflows, and

fee revenue for future periods could be impacted by the level of investment performance, our ability to fundraise

and the fees we can charge on such commitments, the pace and scale of capital deployment, which may not be

consistent with historical levels, the pace and success of exit activity, changes in regulations and laws (including tax

laws), our ability to scale existing businesses and wind-down underperforming businesses, our ability to manage

expenses and retain key personnel, our ability to manage stock dilution, and our ability to charge and retain

transaction fees. Even if we were to achieve our goals, there is no guarantee that such fundraising will translate into

increased earnings and margins. There can be no assurance that Carlyle's strategic goals will ultimately be realized,

or if realized that they will have the effect of accelerating our growth or earnings. All projections assume benign

market conditions. Such forward-looking statements are subject to various risks, uncertainties, and assumptions.

Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially

from those indicated in these statements including, but not limited to, those described in this press release and under

the section entitled "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024, filed

with the U.S. Securities and Exchange Commission ("SEC") on February 27, 2025, as such factors may be updated

from time to time in our periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov.

These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary

statements that are included in this press release and in our other periodic filings with the SEC. We undertake no

obligation to publicly update or review any forward-looking statements, whether as a result of new information,

future developments, or otherwise, except as required by applicable law.

***This press release does not constitute an offer for any Carlyle fund.***

**<u>Important Information</u>**

For additional important information, as well as endnotes and disclosures, please see the presentation materials,

which can be accessed on the Events & Presentations section of our website at ir.carlyle.com. A reconciliation of

forward-looking non-GAAP financial measures to the most directly comparable GAAP financial measures cannot

be provided without unreasonable effort because of the inherent difficulty of accurately forecasting the occurrence

and financial impact of the various adjusting items necessary for such reconciliation that have not yet occurred, are

out of our control, or cannot be reasonably predicted. For the same reasons, Carlyle is unable to assess the probable

significance of the unavailable information, which could have a material impact on its future GAAP financial

results.

**Contacts**

---

| | | | |
|:---|:---|:---|:---|
| **Public Investor Relations** | **Media** |  |  |
| Daniel Harris | Brittany Bensaull | OR | Kristen Ashton |
| Phone: +1 (212) 813-4527 | Phone: +1 (212) 813-4839 |  | Phone: +1 (212) 813-4763 |
| daniel.harris@carlyle.com | brittany.bensaull@carlyle.com |  | kristen.ashton@carlyle.com |

---