Carlyle Investor Conference Presentation Deck
Global Credit: Well Positioned To Take Advantage of Market Dislocations Across
Our Diversified Global Credit Platform
TOTAL AUM ($BN)
$44
$29 $33
2016
2017 2018 2019 Q1 2020
Direct
Lending
$5.1
Aviation
$7.1
$49 $49
Carry
Funds
$10.0
$49b
CLOS
$26.6
FEE-EARNING AUM ($BN)
Fee Related Earnings¹
Net Realized
Performance Revenues
Distributable Earnings¹
$24
2016
5
$27
78
Financial Metrics ($mm)
2017 2018 2019
$72
$82
$48
40
127
2017 2018
$35
Aviation $3.4
$4.3
1
Direct
Lending
48
$38b
CLOS
$23.6
$38 $38
2019 Q1 2020
Carry
Funds
$6.7
LTM Q1 2020
$55
13
66
Key Points
Focused on enhancing and scaling
Global Credit platform
●
●
●
Private credit accelerating as an asset class
New credit teams capable of managing
higher AUM with limited new investment
Growth via organic/inorganic means to
address significant white space
Solid core platform
Leading US/Europe CLO business
$10 bn carry fund platform across Aviation,
Opportunistic Credit, Distressed, Structured
Credit and Energy Mezzanine
Growing Direct Lending platform with $5.1 bn
of AUM
Well positioned to invest into
dislocated investment opportunities
across broad based platform inclusive
of large SMA capabilities
Note: Data as of March 31, 2020.
1) 2016, 2017 and 2018 include net (charges)/recoveries of $(175) million, $68 million and $32 million, respectively, associated with our commodities business.
17View entire presentation