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Last Updated December 2002







Fact Sheet

Overview: The Carlyle Group is one of the Carlyle’s funds are specialized by geography

world’s largest private equity firms and and also by the following investment disciplines:

currently employs 491 people to manage more leveraged buyouts, venture capital, real estate

than $13.5 billion. It invests money in privately and high yield.

held companies and real estate in the US, Europe

and Asia through 23 investment funds. Our corporate investments are made in

companies that cover a wide range of industries

The investors in Carlyle’s funds are public and including telecommunications, media,

corporate pension funds, banks and insurance information technology, consumer and

companies as well as high net-worth individuals. industrial, commercial aerospace, healthcare,

Our mission is to generate extraordinary returns defence and energy. (See chart below. Figures to

for these investors by employing a conservative, date as of September 30th 2002).

proven, and disciplined approach to investing.



The Carlyle Group's corporate investments* by sector to date

as at 30 Sept. 2002





Healthcare Aerospace

7% Defence 12%

7%

Industrial Other

15% 10%



Consumer Energy and

9% Environment

Telecoms, IT, 5%

Media

35%









Carlyle has been present in Europe since 1997, German automotive components supplier;

where it has built a buyout, real estate and Riello, an Italian producer of boilers; LaFarge,

venture capital team working from offices in the building products group; and Vivendi

Barcelona, Frankfurt, London, Milan, Munich Universal Publishing.

and Paris.

Our European partners enjoy the benefits of

Carlyle’s European buyout team manages a collaborating with professionals who have

Euros 1 billion fund and has made 12 strong local connections backed up with the

investments to date. It specializes in creating strength of a global network. As well as

partnerships, with: bringing a global view of the development of

- Family businesses seeking to strengthen major industries, Carlyle offers its partners

their existing structure or pursue access to resources around the world that can

external acquisitions; and identify, negotiate and structure cross-border

- Large corporates seeking to develop deals and acquisitions.

new business operations or minimize

involvement in non-core divisions. William E. Conway, Jr., Daniel A. D’Aniello,

and David M. Rubenstein founded The Carlyle

We have formed partnerships with: Le Figaro, Group in 1987. The firm is a private partnership.

the leading French newspaper; Honsel, a



www.thecarlylegroup.com

The Carlyle Group Fact Sheet

Page 2





Key facts: Strengths:



 Global Presence: United States, Asia  Global Presence, Local Expertise:

(Hong Kong, India, Japan, Korea, and Carlyle is a truly global private equity

Singapore), and Europe (France, firm with 21 funds in four investment

Germany, Italy, Spain, and United disciplines spanning four geographies

Kingdom). run by local investment professionals.

 Investment Disciplines: Management-  Worldwide Network/Industry Expertise:

led leveraged buyouts, venture capital, Carlyle investment professionals from

real estate, and high yield. around the world regularly collaborate

 Sector Focus: Telecommunications, on deal sourcing and due diligence, and

media, information technology, share industry expertise. This creates a

consumer and industrial, commercial broader range of investment

aerospace, energy, defence, healthcare. opportunities, fosters portfolio company

 Number of Funds: 21 development, and builds portfolio

 Employees: 491 employees (272 company value.

investment professionals) in 11  Consistency of Decisionmaking: Central

countries investment committees, chaired by Bill

 Scope of Investors: 535 investors from Conway, approve all investments.

55 countries  Conservative: Disciplined investment

process combines extensive due

Track Record: diligence and risk management with

emphasis on high quality.

 $13.5 billion in capital committed to 21  Disciplined: Focus on industries we

funds know well; don’t chase the latest trend.

 $6.8 billion of equity invested in 252+  Proven: Consistent returns over 15

transactions years.

 36 percent internal rate of return (IRR)  Carlyle Interests Aligned with Investors:

on realized corporate investments Carlyle has invested or committed more

 3.1x equity returned on realized than $600 million of its own money to

corporate investments its funds.

 40 percent internal rate of return (IRR)  Invest Heavily in Back-Office Systems

on realized real estate investments and Controls: Carlyle performs most

ongoing activities in-house, from

fundraising and due diligence to back

office support and financial reporting.

 Hire and Retain the Best People: 114

MBAs, 20 JD/LLMs, and 8 PhD/MDs;

low staff turnover by standards of any

industry.









www.thecarlylegroup.com



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