Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Carlyle Group L.P. for the quarter ended March 31, 2014. The report discloses the equity securities held by the institutional investment manager and two other included managers: Carlyle Investment Management LLC and CIM Global, L.L.C. The filing was signed on May 15, 2014, by R. Rainey Hoffman as Attorney-in-Fact for Daniel A. D'Aniello.
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the operating financial performance of the Carlyle Group itself. Consequently, metrics such as revenue, profit, cash flow, margins, debt, and liquidity for the Carlyle Group are not provided in this text.
- Total Value of Reported Holdings: $15,465,450,000 (15,465,450 thousands).
- Number of Holdings Reported: 25 entries.
- Number of Included Managers: 2 (in addition to the primary filer).
Material Changes
The filing text does not provide comparative data for the prior period (December 31, 2013) or detail specific changes in holdings, positions, or values versus the previous quarter. The document serves as a snapshot of holdings at the end of the reporting period.
Guidance, Outlook, and Risks
This filing contains no management commentary, financial guidance, or outlook for the Carlyle Group. It includes standard legal disclaimers regarding investment discretion and beneficial ownership:
- Investment Discretion: The Reporting Manager notes it may not serve as the adviser to all owners of certain securities (e.g., Freescale Semiconductor Hldg) but may be deemed part of a group exercising discretion.
- Ownership Admission: The filing explicitly states it is not an admission that the Reporting Manager is the beneficial owner of the listed securities.
- Subsidiary Management: AlpInvest Partners B.V. is noted as an indirectly wholly owned investment adviser, though the Reporting Manager does not participate in its investment decision-making.
Important Facts for Investor Verification
- Verify the total portfolio value of approximately $15.47 billion represents only the specific equity holdings disclosed in this 13F and excludes other asset classes or private equity funds managed by Carlyle.
- Confirm the specific 25 holdings listed in the full schedule (not provided in the summary text) to understand sector exposure.
- Note that the report aggregates holdings for Carlyle Group L.P., Carlyle Investment Management LLC, and CIM Global, L.L.C.
- Recognize that this document does not reflect the operating earnings or cash flow of Carlyle Group Inc. (the public company), but rather the investment positions of its management arm.