Sovereign wealth fund
Carlyle portfolio
carlyle.comCarlyle is a sovereign wealth fund based in Washington, United States, founded in 1987. It has invested in 22 venture-backed companies across 23 funding rounds on VCMC, and led 8 of those rounds. 6 of them were in the last 12 months.
22
Venture-backed companies
in its portfolio on VCMC
23
Funding rounds
led 8
6
Last 12 months
rounds, Oct 2025 to Sep 2026
12
With a disclosed valuation
of 22 companies
$142.1B
Combined value of its private companies
the whole companies, not what Carlyle owns
22 private companies Carlyle has backed have a VCMC valuation; together they are worth $142.1B. That is the value of the whole companies, not what Carlyle owns. Ant Group is 48% of the total. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Full Carlyle portfolio (22 companies)
22 companies.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ant Group Tech Companies · since Series C, 2018 | Series C Jun 2018 $14.00B | $67.6B | $13.0B – $152.4B | $67.6B (0%) | $24.7B | 46% | 10,623 | flat | D | |
| 2 | iCapital Investment Consultants & Financial Advisors · since Growth, 2021 | Growth Equity Jul 2025 $820M | $8.7B | $6.0B – $10.1B | $8.7B (0%) | $787M | 0% | 2,418 | up | A | |
| 3 | Castelion Aerospace and Defence · led at Series C, 2026 | Series C Aug 2026 $1.00B | $13.6B | $11.3B – $19.4B | $16.9B (+24%) | $1.9B | 0% | 254 | growing | A | |
| 4 | VerSe Tech Companies · since Series H+, 2021 | Debt Feb 2024 $6.0M | $1.4B | $449M – $9.5B | $1.2B (-14%) | $848M | 97% | 675 | down | D | |
| 5 | Nxtra Data Solutions · led at Growth, 2026 | Growth Equity Mar 2026 $1.00B | $3.3B | $2.7B – $4.0B | $3.5B (+5%) | $363M | 0% | 645 | up | A | |
| 6 | Your.World Holding Companies · since Growth, 2025 | Growth Equity Jan 2025 $840M | $10.8B | $4.1B – $16.4B | $10.8B (0%) | $1.1B | 0% | 13 | flat | C | |
| 7 | NEP Group Video and Audio Production · since Growth, 2025 | Growth Equity Oct 2025 $700M | $8.2B | $5.2B – $12.5B | $6.5B (-21%) | $781M | 59% | 4,638 | flat | B | |
| 8 | YipitData Market Research & Opinion Polling · led at Series E, 2021 | Debt Jun 2024 | $1.1B | $450M – $1.5B | $1.1B (0%) | $143M | 0% | 932 | growing | C | |
| 9 | Spiber Chemicals · led at Growth, 2021 | Growth Equity Apr 2024 $65M | $487M | $300M – $1.1B | $294M (-40%) | $98.4M | 96% | 79 | down | C | |
| 10 | CAIS Investment Consultants & Financial Advisors · since Series D, 2026 | Series D Jul 2026 $170M | $2.1B | $1.7B – $2.9B | $2.5B (+18%) | $285M | 11% | 544 | flat | A | |
| 11 | Tech Companies · since Growth, 2026 | Growth Equity Jun 2026 $140M | $1.6B | $1.0B – $2.6B | $1.7B (+7%) | $156M | 0% | 199 | growing | B | |
| 12 | Insurance - Agents, Carriers & Brokers · since Growth, 2024 | Growth Equity Nov 2024 $1.00B | $14.9B | $6.6B – $19.2B | $13.9B (-6%) | $1.3B | 30% | 23,063 | flat | B | |
| 13 | Insurance - Agents, Carriers & Brokers · led at Growth, 2023 | Growth Equity Feb 2023 $500M | $4.8B | $2.2B – $5.9B | $4.8B (0%) | $465M | 0% | 1,199 | growing | B | |
| 14 | Pharmaceutical Products · since Growth, 2023 | Series B Aug 2024 $105M | $1.4B | $465M – $2.1B | $797M (-42%) | $152M | 0% | 18 | up | C | |
| 15 | Computer Training Schools · led at Series B, 2023 | Series B Jan 2023 $55M | $438M | $64.9M – $621M | $415M (-5%) | $54.7M | 0% | 2,317 | up | D | |
| 16 | Medical Supply Manufacturers · led at Series G, 2022 | Series G Aug 2022 $52M | $110M | $30.0M – $437M | $90.8M (-17%) | $50.2M | 64% | 54 | flat | D | |
| 17 | Software Development Services · since Series B, 2023 | Series B Mar 2023 $37M | $155M | $24.4M – $471M | $121M (-22%) | $40.5M | 36% | 86 | flat | D | |
| 18 | Tech Companies · led at Series A, 2022 | Series A Jan 2022 $40M | $28.5M | $13.2M – $98.0M | $27.4M (-4%) | $48.5M | 97% | 14 | shrinking | D | |
| 19 | Boats services & dealers · since Series C, 2023 | Series C Mar 2023 $30M | $72.3M | $34.5M – $269M | $44.1M (-39%) | $44.4M | 97% | 63 | shrinking | D | |
| 20 | Newspapers & Magazines · since Growth, 2026 | Growth Equity Jan 2026 $30M | $357M | $287M – $420M | $365M (+2%) | $32.8M | 0% | 169 | growing | A | |
| 21 | Business Consulting · since Growth, 2025 | Growth Equity Apr 2025 | $503M | $168M – $1.0B | $503M (0%) | $49.3M | 0% | 34 | unknown | C | |
| 22 | Cosmetic Manufacturing · since Growth, 2021 | Growth Equity Jan 2021 | $341M | $60.8M – $2.3B | $285M (-16%) | $120M | 77% | 81 | flat | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Carlyle invests: stages, industries and countries
Most of its rounds are Series C and later (87%). Its companies span 17 industries, most in Tech Companies, Insurance - Agents, Carriers & Brokers and Investment Consultants & Financial Advisors, across 8 countries.
Rounds by stage
- Series A 1
- Series B 2
- Series C and later 20
Investments by industry
- Tech Companies 4
- Insurance - Agents, Carriers & Brokers 2
- Investment Consultants & Financial Advisors 2
- Aerospace and Defence 1
- Boats services & dealers 1
- Business Consulting 1
- Chemicals 1
- Computer Training Schools 1
Investments by country
- United States 12
- France 2
- India 2
- Japan 2
- China 1
- Finland 1
Recent rounds
Carlyle's latest investments
Carlyle's most recent funding rounds, newest first. 6 rounds in the last 12 months.
- Castelion Series C, led $1.00B 19 Aug 2026
- CAIS Series D $170M 29 Jul 2026
- Growth $140M 16 Jun 2026
- Nxtra Growth, led $1.00B 30 Mar 2026
- Growth $30M 7 Jan 2026
- NEP Group Growth $700M 21 Oct 2025
- Growth amount not disclosed 16 Apr 2025
- Your.World Growth $840M 28 Jan 2025
- Growth $1.00B 12 Nov 2024
- Series C $30M 28 Mar 2023
Co-investors
Carlyle's top co-investors
The investors that most often join the same rounds as Carlyle. Temasek leads, with 3 rounds together.
- Temasek 3 rounds together
- KKR 3 rounds together
- Blue Owl Capital 3 rounds together
- Morgan Stanley 2 rounds together
- WestCap 2 rounds together
- Blackstone 2 rounds together
About
About Carlyle
The Carlyle Group, Inc. is an American investment firm engaged in private equity, credit, and investment solutions. The company operates globally, managing assets across sectors such as healthcare, technology, and real estate, and provides services including leveraged buyouts, structured credit, growth capital, real estate, energy, and energy lending. Carlyle also offers investment management and consulting services, with a focus on sustainability and responsible investment practices, including ESG integration and climate resilience. The firm serves a diverse client base, including pension funds, sovereign wealth funds, unions, and corporations, and maintains a global presence with offices in the United States, Europe, Asia, and the Middle East.
Description from Veridion's company data.
- Founded
- 1987
- Based in
- Washington, United States
- Team
- 2,803 people, +6% in a year
- Type
- Sovereign wealth fund
Focus markets
- Private Equity
- Real Assets
- Private Credit
- Healthcare
- Technology
- Real Estate
- Energy
What Carlyle offers
- Investment Management Services
- Private Equity Investment Management
- Credit Investment Management
- Real Assets Investment Management
- Global Investment Solutions Services
- Leveraged Buyout Investment Management
- Structured Credit Investment Management
- Mezzanine Capital Investment Management
Questions
Carlyle: frequently asked questions
How many companies has Carlyle invested in?
22 venture-backed companies on VCMC, across 23 funding rounds.
What are Carlyle's most valuable private companies?
Ant Group ($67.6B), Sedgwick ($14.9B), Castelion ($13.6B), by VCMC's valuation.
What was Carlyle's latest investment?
Castelion, a Series C round in Aug 2026 of $1.00B, which Carlyle led.
Which stages does Carlyle invest in?
Carlyle invests most often at Series C and later (20 rounds), followed by Series B (2) and Series A (1).
What is Carlyle's portfolio worth?
Its private companies with a VCMC valuation are worth $142.1B together. That is the sum of the companies' values, not what Carlyle owns.
Who does Carlyle invest alongside?
Temasek (3 rounds), KKR (3 rounds), Blue Owl Capital (3 rounds).