Performance allocations and incentive fee related compensation
The Carlyle Group Performance allocations and incentive fee related compensation decreased by 157.0% to -$367.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 314.6%, from $171.40M to -$367.90M. Over 4 years (FY 2021 to FY 2025), Performance allocations and incentive fee related compensation shows a downward trend with a -25.0% CAGR.
Analysis
How to read this metric
Higher expenses here generally signal strong investment performance and successful realization of fund gains.
Detailed definition
Compensation expenses directly tied to the performance of investment funds, such as carried interest distributions to em...
Peer comparison
Standard for private equity and alternative asset managers with performance-based fee structures.
other_performance_allocations_and_incentive_fee_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $994.00M | $495.20M | $605.20M | $370.70M | $207.00M | $163.50M | $0.00 | $105.70M | -$92.20M | -$53.90M | $1.14B | -$72.80M | $144.20M | $1.15B | $139.10M | $171.40M | $443.60M | -$324.60M | $645.90M | -$367.90M |
| QoQ Change | — | -50.2% | +22.2% | -38.7% | -44.2% | -21.0% | -100.0% | — | -187.2% | +41.5% | >999% | -106.4% | +298.1% | +698.2% | -87.9% | +23.2% | +158.8% | -173.2% | +299.0% | -157.0% |
| YoY Change | — | — | — | — | -79.2% | -67.0% | -100.0% | -71.5% | -144.5% | -133.0% | — | -168.9% | +256.4% | >999% | -87.8% | +335.4% | +207.6% | -128.2% | +364.3% | -314.6% |
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Performance allocations | $144.20M | $1.15B | $139.10M | $171.40M | $443.60M | $367.20M | $645.90M | $409.20M |
| Total | $144.20M | $1.15B | $139.10M | $171.40M | $443.60M | -$324.60M | $645.90M | -$367.90M |
Business Segments
| Segment | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 |
|---|---|---|---|---|---|---|---|---|
| Global Private Equity | $144.60M | $18.20M | $99.00M | $234.30M | $81.40M | $141.50M | $132.90M | $200.40M |
| Carlyle AlpInvest | — | — | — | — | — | — | — | $19.40M |
| Global Credit | $2.70M | $1.40M | $3.50M | $300.00K | $4.30M | $6.90M | $7.90M | $7.90M |
| Global Investment Solutions | $12.70M | $10.80M | $18.80M | $21.20M | $15.10M | $36.90M | $27.10M | — |
| Total | -$92.20M | -$53.90M | $1.14B | -$72.80M | $144.20M | $1.15B | $139.10M | $171.40M |
Carlyle AlpInvest, Global Credit, Global Investment Solutions, Global Private Equity were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Performance allocations and incentive fee related compensation at Other Companies
Frequently Asked Questions
- What is The Carlyle Group's performance allocations and incentive fee related compensation?
- The Carlyle Group (CG) reported performance allocations and incentive fee related compensation of -$367.90M in Q1 2026.
- How has The Carlyle Group's performance allocations and incentive fee related compensation changed year-over-year?
- The Carlyle Group's performance allocations and incentive fee related compensation decreased by 314.6% year-over-year, from $171.40M to -$367.90M.
- What is the long-term trend for The Carlyle Group's performance allocations and incentive fee related compensation?
- Over 4 years (2021 to 2025), The Carlyle Group's performance allocations and incentive fee related compensation has grown at a -25.0% compound annual growth rate (CAGR), from $2.96B to $936.30M.
- What does performance allocations and incentive fee related compensation mean?
- Compensation paid to employees based on the performance of managed investment funds.