Item 7.01 Regulation FD Disclosure.

On January 8, 2021, The Carlyle Group Inc. (the "Company") is posting on its website certain historical financial information relating to prior periods for which financial information has already been disclosed that has been updated to reflect a change in the Company's operating segments. In connection with the Company's transition to a sole Chief Executive Officer, the Company's chief operating decision makers reevaluated how operational, compensation, and resource deployment decisions are made. As a result, the Company has combined its Corporate Private Equity and Real Assets segments into a single operating segment, Global Private Equity, reflecting how the Company leverages its global platform, local insights and deep industry expertise. This change did not have an impact to the Global Credit and Investment Solutions operating segments. The Company intends to use this updated financial information presentation when presenting the Company's financial results beginning with the quarter and year ended December 31, 2020. The updated financial information is accessible through the investor relations section of the Company's website at ir.carlyle.com. From time to time, the Company uses its website as a distribution channel for financial and other important information. The information included in this Current Report on Form 8-K is being furnished under Item 7.01, "Regulation FD Disclosure" of Form 8-K. As such, the information herein shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

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