Carlyle Group LP's stock surged 5.27% during pre-market trading on Friday, following the release of its fourth-quarter financial results that exceeded analyst expectations.
The private equity firm reported distributable earnings of $1.01 per share on a post-tax basis, beating the FactSet consensus estimate of $1.00 per share. Total revenue jumped to $1.09 billion, also surpassing expectations, driven by strong performance across its private equity, credit, and secondary businesses.
CEO Harvey Schwartz described 2025 as a record year for Carlyle, highlighting the company's outperformance against targets and strong fundraising momentum. The firm's assets under management grew 8% to $477 billion, with significant inflows into its secondary and credit funds.