Carlyle (CG) Targets $200B Capital Goal Amid Strategic Turnaround

The Carlyle Group Inc. (NASDAQ:CG) is one of the dirt cheap stocks to buy now. On February 26, Reuters reported that Carlyle Group announced an ambitious goal to raise $200 billion in new capital by the end of 2028, signaling a strategic turnaround under CEO Harvey Schwartz. This target exceeds the $158 billion raised over the previous three years and aims to boost the firm’s total assets under management, which currently stand at ~$477 billion.

To support this growth and reward investors, the firm also approved a $2 billion share buyback program, reflecting confidence in its reshaped operational structure following a period of trailing behind major rivals like Blackstone and KKR. The firm’s fundraising strategy is diversified across several key sectors, with $90 billion expected from credit strategies, $60 billion from its AlpInvest secondaries unit, and $50 billion from private equity.

Carlyle (CG) Targets $200B Capital Goal Amid Strategic Turnaround

The Carlyle Group Inc. (NASDAQ:CG) anticipates these inflows will drive fee-related earnings to $1.9 billion by 2028, up from $1.2 billion in 2025. This growth trajectory is projected to increase distributed earnings per common share to over $6.00, a significant rise from the $4.02 reported in 2025, as the firm recovers from an industry-wide downturn and internal succession challenges.

The Carlyle Group Inc. (NASDAQ:CG) is an investment firm specializing in direct and fund-of-fund investments.

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