Business Context and Reporting Period
This Form 13F-HR filing is submitted by Carlyle Group Inc. for the quarter ended September 30, 2025. The report is a combination filing that includes holdings managed by Carlyle Group Inc. and three other included managers: Abingworth LLP, Carlyle Investment Management LLC, and CIM Global, L.L.C. The filing was signed by Jeffrey W. Ferguson, General Counsel, on November 7, 2025.
Key Financial Metrics
As a Form 13F filing, this document discloses equity holdings rather than the operating financial performance of the Carlyle Group itself. Key metrics from the filing include:
- Total Reported Value: $4,337,675,517 (rounded to the nearest dollar).
- Number of Holdings Reported: 17 entries in the Information Table.
- Number of Included Managers: 3 (in addition to the primary filer).
Note: This filing does not provide data on Carlyle Group Inc.'s revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing text does not provide comparative data for the prior period (e.g., June 30, 2025) to determine material changes in holdings or total value. The document lists the current holdings as of the reporting date but does not explicitly detail additions, deletions, or net changes versus the previous quarter.
Guidance, Outlook, and Risks
This filing contains no management commentary, forward-looking guidance, or specific risk factors regarding the Carlyle Group's business operations. The document includes standard SEC disclaimers stating that the Commission has not reviewed the information for accuracy or completeness. It also notes that AlpInvest Partners B.V. is an indirectly wholly owned adviser, though Carlyle Group Inc. does not participate in its investment decision-making.
Investor Verification Checklist
- Verify the total value of $4.34 billion represents only the specific equity holdings reported in this 13F and not the firm's total Assets Under Management (AUM).
- Confirm the scope of the "17 entries" to understand if this represents a subset of the firm's total portfolio or a specific strategy.
- Review the separate 13F filings for the included managers (Abingworth LLP, Carlyle Investment Management LLC, CIM Global, L.L.C.) to ensure a complete picture of the group's reported equity positions.
- Check subsequent filings for the next quarter to analyze actual changes in the portfolio composition.