Record Financial Performance: Carlyle reported a record Fee-Related Earnings (FRE) of $323 million for Q2 2025, up 18% year-over-year. The FRE margin for the first half of the year reached 48%, supporting an overall trend of strong financial growth. Additionally, the firm achieved a record Assets Under Management (AUM) of $465 billion, with organic inflows of $51 billion over the past 12 months (12% growth rate).
Positive Market Sentiment and Increased Activity: The macroeconomic environment is improving, with rising equity markets and tight credit spreads leading to enhanced deal activity. This positive sentiment has resulted in a significant increase in demand for private capital, with Carlyle deploying $26 billion in H1 2025¡ªup almost 50% year-over-year.
Strategic Focus on Wealth Management: Carlyle is seeing strong momentum in its wealth management platform, with six-fold growth in assets in the Capital Access Private Markets (CAPM) product over the past year. The firm is planning to launch the Carlyle Private Equity Fund (CPEP) in the second half of 2025, which is expected to bolster fundraising efforts further.