Business Segments · Fund management fees and incentive fees

Global Segments — Fund management fees and incentive fees

The Carlyle Group Global Segments — Fund management fees and incentive fees decreased by 31.2% to $750.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.0%, from $1.04B to $750.90M. Over 3 years (FY 2021 to FY 2025), Global Segments — Fund management fees and incentive fees shows an upward trend with a 29.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026May 8, 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates growth in assets under management or superior investment performance, while a decrease may signal asset outflows or underperformance.

Detailed definition

This represents the core revenue generated from managing third-party capital, consisting of recurring management fees ba...

Peer comparison

Standard across alternative asset managers like Blackstone, KKR, and Apollo.

Metric ID: cg_segment_global_segments_fund_management_fees_and_incentive_fees

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$448.70M$448.70M$448.70M$1.40B$1.06B$754.20M$977.90M$776.60M$896.40M$1.02B$788.90M$895.00M$948.50M$1.04B$984.00M$782.50M$1.09B$750.90M
QoQ Change+0.0%+0.0%+212.4%-24.4%-28.8%+29.7%-20.6%+15.4%+14.1%-22.9%+13.4%+6.0%+10.0%-5.7%-20.5%+39.5%-31.2%
YoY Change+212.4%+136.0%-44.6%-15.4%+35.6%-19.3%+15.2%+5.8%+2.0%+24.7%-12.6%+15.1%-28.0%
Range$448.70M$1.40B
CAGR+12.9%
Avg YoY Growth+25.2%
Median YoY Growth+5.8%

Frequently Asked Questions

What is The Carlyle Group's global segments — fund management fees and incentive fees?
The Carlyle Group (CG) reported global segments — fund management fees and incentive fees of $750.90M in Q1 2026.
How has The Carlyle Group's global segments — fund management fees and incentive fees changed year-over-year?
The Carlyle Group's global segments — fund management fees and incentive fees decreased by 28.0% year-over-year, from $1.04B to $750.90M.
What is the long-term trend for The Carlyle Group's global segments — fund management fees and incentive fees?
Over 3 years (2021 to 2025), The Carlyle Group's global segments — fund management fees and incentive fees has grown at a 29.5% compound annual growth rate (CAGR), from $1.79B to $3.90B.
What does global segments — fund management fees and incentive fees mean?
Total revenue earned from charging clients for investment management services and performance-based incentives.