Form D · Private Equity Fund

Carlyle FRL, L.P.

Washington, DC · CIK 0001786344

Offering snapshot reported Sep 20, 2019 · SEC filing

Reported sold: Yet to sell
Investors reported: 0
Minimum accepted: $0
First sale: Yet to occur

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Sep 20, 2019	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund, Other
Exemptions: 06b, 3C, 3C.7
Duration over one year: No
Business combination: No

Sales commissions: $0 (estimated)
Finders' fees: $0 (estimated)
Form D file number: 021-349287

Limited Partnership Interests

Certain employees of an affiliate of the GP ("Carlyle") receive compensation in part based on the capital raised; such compensation is borne by Carlyle, not the Fund's investors.

Sales compensation recipients

Scroll to see all columns →

Recipient	CRD	Associated broker-dealer
Not Applicable	None	TCG Capital Markets L.L.C. · CRD 291767

Source: Form D, filed Sep 20, 2019. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

CARLYLE FRL, L.P.

Investment adviser: CARLYLE INVESTMENT MANAGEMENT L.L.C.

Gross asset value: $2.65B
Beneficial owners: 6
ADV minimum commitment: $0

Reported in Form ADV on Jul 7, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor ERNST & YOUNG LTD GEORGE TOWN, Cayman Islands Other funds reporting this name →

Custodian JPMORGAN CHASE BANK, N,A. NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. PITTSBURGH, Pennsylvania, United States Related to adviser: No Other funds reporting this name →

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

ERNST & YOUNG LTD
PCAOB 1655

Fund asset history · 5 annual observations

Scroll to see all columns →

Fiscal year	Gross assets	Beneficial owners	ADV filed
2021	$2,974,412,000	7	Mar 31, 2022
2022	$3,996,395,861	8	Mar 30, 2023
2023	$2,603,377,411	6	Mar 27, 2024
2024	$2,655,646,195	6	Mar 31, 2025
2025	$2,651,115,494	6	Mar 31, 2026

Filing source

Form ADV 2115592 · Jul 7, 2026 · Schedule D 7.B.(1), fund 805-3494790693

Reported by CARLYLE INVESTMENT MANAGEMENT L.L.C. (CRD 111128).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
None Carlyle Frl Gp, L.L.C.	Promoter
Christopher Finn	Executive
Norma Kuntz	Executive
David Lobe	Executive
Aditya Narain	Executive
Ryan R. Toteja	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

The Carlyle Group 1001 Pennsylvania Ave., N.W., Ste. 220 S
Washington, DC, 20004
Phone: 202-729-5626