Discontinued — last reported Q4 '25

Business Segments · Partners’ capital

Global Credit — Partners’ capital

The Carlyle Group Global Credit — Partners’ capital decreased by 1.5% to $26.25B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.5%, from $26.66B to $26.25B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2025Feb 27, 2026
Rolls up toPartners Capital

How to read this metric

Growth in partners' capital generally indicates successful fundraising and asset appreciation within the credit platform.

Detailed definition

Represents the total equity interest held by partners or investors within the Global Credit segment's specific investmen...

Peer comparison

Equivalent to 'Non-controlling interests' or 'Partners' Capital' in private equity and credit fund accounting.

Metric ID: cg_segment_global_credit_partners_capital

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$15.67B$19.91B$25.42B$26.66B$26.25B
QoQ Change+27.1%+27.7%+4.9%-1.5%
YoY Change+27.1%+27.7%+4.9%-1.5%
Range$15.67B$26.66B
CAGR+67.6%
Avg YoY Growth+14.5%
Median YoY Growth+16.0%

Frequently Asked Questions

What is The Carlyle Group's global credit — partners’ capital?
The Carlyle Group (CG) reported global credit — partners’ capital of $26.25B in Q4 2025.
How has The Carlyle Group's global credit — partners’ capital changed year-over-year?
The Carlyle Group's global credit — partners’ capital decreased by 1.5% year-over-year, from $26.66B to $26.25B.
What does global credit — partners’ capital mean?
The total equity value held by partners in the Global Credit segment.