An Update On Carlyle Group After Outperformance And M&A

Investments are typically held by CG in one of their closed-end investment funds, or CEF, for a period of 3-7 years, with funds existing for 10-12 years. CG typically raises a successor fund with the same mandate so that they ean continue making essentially identical investments. This model allows the company to take a portion of profits/fees, provided that a certain level of returns is achieved. Performance fees for CG are high only if certain hurdles are met, but when those are net, the company and thus s ...