Brian Bedell's questions to Carlyle Group Inc (CG) leadership • Q1 2025
Question
In a follow-up, Brian Bedell asked about the timing for launching the next flagship buyout fund, CP IX, given that its predecessor is 70% committed, and whether any of its fundraising is included in the current year's targets.
Answer
CEO Harvey Schwartz and CFO John Redett clarified that no fundraising for CP IX is included in the current year's financial targets. Harvey Schwartz stated the plan remains a Q4 kickoff, but the timing is flexible and depends on the deployment pace of the current fund, CP VIII. John Redett added that strong performance in predecessor funds supports the timeline.