Alex Chi, CGBD's Chief Executive Officer, said, "As CGBD's newly appointed CEO, I look forward to continuing to build on Carlyle's strong track record and world-class platform. Building off record origination volume in the fourth quarter and full year 2025, we continue to expand our origination apparatus and are focused on further harnessing the full power of the OneCarlyle platform. The depth of our underwriting sector expertise positions us to take share in a more active market environment, and we are confident in the strength and credit quality of our existing portfolio should volatility persist. As we accelerate the growth and impact of the Carlyle Direct Lending business, CGBD's core strategy remains focused on stable, high-quality credits in the middle market, complemented by strategic partnerships that enhance return on equity, exemplified by our newly announced structured credit joint venture."
For the fourth quarter of 2025, we reported $0.33 per common share of Net Investment Income and $0.36 per common share of Adjusted Net Investment Income, a non-GAAP financial measure described below.
For 2025, we reported $1.48 per common share of Net Investment Income and $1.51 per common share of Adjusted Net Investment Income, a non-GAAP financial measure described below.
Net asset value per common share decreased by 0.6% for the fourth quarter to $16.26 from $16.36 as of September 30, 2025. The total fair value of our investments increased to $2.5 billion as of December 31, 2025.
Dividends
On February 18, 2026, the Board of Directors declared a quarterly common dividend of $0.40 per share. The dividend is payable on April 16, 2026 to common stockholders of record on March 31, 2026.
Conference Call
The Company will host a conference call at 11:00 a.m. (Eastern Time) ...
