SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2025

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

6. SUBSEQUENT EVENTS

On July 25, 2025, CPEP entered into the Dealer Manager Agreement as described in Note 3, Related Party Transactions.

On  August 4, 2025, CPEP entered into the Warehousing Agreement, as described below.

Warehousing Agreement

On August 4, 2025, CPEP and the Investment Advisor, in its capacity as investment advisor of CPEP entered into a

Warehousing Agreement with CPEP Seed Investments, L.P. (the “Warehouse Entity”), an affiliate of Carlyle. In order to

support the development of CPEP, the Warehouse Entity has, and will continue to, warehouse investments that have been

approved by the General Partner on behalf of CPEP over time as CPEP raises capital, subject in each case to the Warehouse

Entity’s approval at the time of acquisition (each, an “Approved Warehoused Investment”). The Warehouse Entity has agreed

to subsequently transfer to CPEP, and CPEP has agreed to acquire from the Warehouse Entity, such Approved Warehoused

Investments at a price as agreed to between the parties, subject to certain conditions, including that CPEP has sufficient capital

to acquire such Approved Warehoused Investments. CPEP Lux is also expected to acquire Approved Warehoused Investments

from the Warehouse Entity. The Investment Advisor will determine which and what portions of Approved Warehoused

Investments will be acquired by CPEP and CPEP Lux at each sale and transfer date.

CPEP will bear its proportionate share of (a) fees, costs, and expenses, if any, incurred in developing, negotiating and

structuring any Approved Warehoused Investment that is transferred to CPEP, and (b) any broken deal expenses allocated by

Carlyle to the Warehouse Entity. The term of the Warehousing Agreement shall continue until terminated by a party upon at

least thirty calendar days’ written notice to the other parties.