Carlyle
Carlyle is a Washington, DC-based investment firm founded in 1987 with $477 billion in assets under management at the end of 2025, organised into Global Private Equity, Global Credit and Carlyle AlpInvest.
Industry: Alternative asset management | Location: Washington, DC, United States | Founded: 1987
About Carlyle
Carlyle is a global investment firm headquartered in Washington, DC, with offices across Asia, Australia, Europe, the Middle East and North America. According to its 2026 proxy statement, the firm had $477 billion in assets under management as of 31 December 2025, more than 2,500 professionals and 27 offices.
The firm was founded in 1987 by William E. Conway, Jr., Daniel D'Aniello and David M. Rubenstein. Conway and Rubenstein are co-chairmen of the board, and D'Aniello is co-founder and chairman emeritus. Harvey M. Schwartz has been chief executive officer since 15 February 2023. The company's website also names Lindsay LoBue as chief operating officer, Justin V. Plouffe as chief financial officer, and three co-presidents: John Redett for Global Private Equity, Mark Jenkins for Global Credit and Insurance, and Jeff Nedelman for the client business.
Carlyle organises its investing into three platforms: Global Private Equity, Global Credit and Carlyle AlpInvest. Its website lists investment products under both private equity and credit.
Wikipedia records a first dedicated buyout fund in 1990, a 7.5 percent stake sold to Mubadala, the Abu Dhabi government investment vehicle, in 2007 for $1.35 billion, and the acquisition of AlpInvest Partners in 2011, with full ownership in 2013. It also records the initial public offering on 3 May 2012, with the shares trading on Nasdaq under the ticker CG, a majority stake in the games developer Jagex in 2021, and the acquisition of The Very Group in November 2025. The proxy statement says the company converted from a Delaware limited partnership to a Delaware corporation and lists its shares on the Nasdaq Global Select Market.
For 2025, the proxy statement reports income before taxes under U.S. GAAP of $1.2 billion, a margin of 24.3 percent. A TechScoop article of 16 September 2026 notes that the wealth platform Tanami has historically named Carlyle among the fund managers it works with, alongside KKR, Blackstone and Brookfield.
Leadership
- William E. Conway, Jr., Co-Founder and Co-Chairman
- David M. Rubenstein, Co-Founder and Co-Chairman
- Daniel D'Aniello, Co-Founder and Chairman Emeritus
- Harvey M. Schwartz, Chief Executive Officer and Director
- Lindsay LoBue, Chief Operating Officer
- Justin V. Plouffe, Chief Financial Officer
- John Redett, Co-President and Head of Global Private Equity
- Mark Jenkins, Co-President and Head of Global Credit and Insurance