← Carlyle Group

Carlyle Europe Partners V, S.C.Sp.

Carlyle GroupVINTAGE 2019

NET IRR

4.6%

TVPI

1.11x

DPI

0.71x

COMMITMENT

$163.9M

LP SOURCES

2

VALUATION SPREAD0.91x – 1.11x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
CalPERS	2025-09-30	$163.9M	$287.7M	4.6%	1.11x	0.71x	SOURCE ↗◆
CalSTRS	2025-06-30	$176.1M	$165.9M	-3.5%	0.91x	0.21x	SOURCE ↗◆