Carlyle, the alternative investments company is undervalued on reinvestment of long-term insurance fees, according to Wolfteam Ltd.'s projections and estimates.
According to Carlyle's second quarter 2024 earnings statement Carlyle has 90 billion USD of insurance premiums, so called perpetual capital fee-earning AUM at its disposal which to invest long-term in its main private equity business.
Total Assets Under Management: $435 billion, up 13% year-over-year
• Fee-earning Assets Under Management: $307 billion, up 13% year-over-year
• Perpetual Capital Fee-earning AUM: $90 billion, representing 29% of total Fee-earning AUM
• Pending Fee-earning AUM: $18 billion, up 19% year-over-year
• Available Capital for investment: $83 billion, up 15% year-over-year
Such a long-term cash pile enables Carlyle to achieve superior investment results by investing billions of USD for the long-term, not pressed by the requirements of the capital owners like pension funds, endowments, wealthy individuals.
In addition, Carlyle can thus achieve long-term dividend yields income from its developed private equity firms' investments.
Carlyle's intrinsic worth is 34 billion USD compared to Carlyle's market capitalization of 17.48 billion USD, in Wolfteam Ltd.'s view.
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