The Carlyle Group Inc. (CG) Presents at Goldman Sachs 2025 U.S. Financial Services Conference Transcript

Alexander Blostein
Goldman Sachs Group, Inc., Research Division

Good morning. Thank you, everyone, for joining our next session. It’s my pleasure to introduce John Redett, CFO and Head of Corporate Strategy at Carlyle, on his way to becoming Global Head of Private Equity for the firm. So this is the last time we get to talk to John in his CFO capacity, but clearly, that’s not the last time he’ll get to hear from us. So…

John Redett
CFO & Head of Corporate Strategy

so I expect it generally to be softballs because this is my last event as CFO.

Alexander Blostein
Goldman Sachs Group, Inc., Research Division

Probably not. Probably not. And especially now that as a CFO, you’ll just naturally get a lot more financial-related questions, which makes it fun for us, maybe less fun for everybody else, but we’ll see. But thank you so much for doing that. Carlyle obviously is coming off of a really strong year, record FRE over the last 12 months. I think about $60 billion of inflows over the last 6 months as well with increasingly a more diverse set of products when we think about secondaries and credit and other things you guys are doing in the wealth channel.

So on a clearly strong path. And look, I mean, the stock has not got unnoticed, one of the best, if not the best performers in the space this year as well. So all good things.