Carlyle Group had $221.4 billion in assets under management as of June 30, up 2% from three months earlier but a 0.6% dip from a year earlier, the firm announced Thursday.
On June 2, Carlyle completed a deal it led to acquire 77% of Fortitude Group Holdings, a manager of reinsurance portfolios, bringing the Carlyle-led group's combined ownership to 97%. Carlyle's balance sheet continues to hold 19.9% of the company.
During an earnings call, Carlyle executives said they are taking steps to heighten the firm's focus on building a more diverse workplace. As of last year, Carlyle began requiring that there be at least two diverse candidates for each open position. At least one of the candidates in the U.S. is now required to be Black, Latinx, Pacific Islander or Native American.
Carlyle raised $4.8 billion in the second quarter, mainly in its investment solutions and global credit businesses. Carlyle has raised a combined $12.4 billion in the first half of 2020.