Business Segments · Fee Related Earnings

Global Private Equity — Fee Related Earnings

The Carlyle Group Global Private Equity — Fee Related Earnings increased by 2.8% to $139.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from $141.20M to $139.60M. Over 4 years (FY 2021 to FY 2025), Global Private Equity — Fee Related Earnings shows an upward trend with a 8.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026May 8, 2026

How to read this metric

Growth indicates a scaling of the fee-paying asset base and operational leverage.

Detailed definition

A measure of the recurring profitability of the private equity segment, calculated as management and advisory fees minus...

Peer comparison

A core metric for all asset managers, often referred to as FRE or management fee-related earnings.

Metric ID: cg_segment_global_private_equity_fee_related_earnings

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$93.50M$93.30M$121.30M$136.10M$147.00M$125.60M$131.90M$129.40M$149.70M$139.40M$146.30M$161.10M$151.60M$148.20M$137.80M$141.20M$143.60M$140.30M$135.80M$139.60M
QoQ Change-0.2%+30.0%+12.2%+8.0%-14.6%+5.0%-1.9%+15.7%-6.9%+4.9%+10.1%-5.9%-2.2%-7.0%+2.5%+1.7%-2.3%-3.2%+2.8%
YoY Change+57.2%+34.6%+8.7%-4.9%+1.8%+11.0%+10.9%+24.5%+1.3%+6.3%-5.8%-12.4%-5.3%-5.3%-1.5%-1.1%
Range$93.30M$161.10M
CAGR+8.8%
Avg YoY Growth+7.5%
Median YoY Growth+1.6%

Frequently Asked Questions

What is The Carlyle Group's global private equity — fee related earnings?
The Carlyle Group (CG) reported global private equity — fee related earnings of $139.60M in Q1 2026.
How has The Carlyle Group's global private equity — fee related earnings changed year-over-year?
The Carlyle Group's global private equity — fee related earnings decreased by 1.1% year-over-year, from $141.20M to $139.60M.
What is the long-term trend for The Carlyle Group's global private equity — fee related earnings?
Over 4 years (2021 to 2025), The Carlyle Group's global private equity — fee related earnings has grown at a 8.7% compound annual growth rate (CAGR), from $402.30M to $560.90M.
What does global private equity — fee related earnings mean?
The stable, recurring profit generated by management fees in the private equity segment.