The following table summarizes the carrying amount of intangible assets as of December 31, 2024 and 2023:


	As of December 31,
	2024	2023
	(Dollars in millions)
Acquired contractual rights	$922.7	$924.1
Accumulated amortization	(392.2)	(262.0)
Finite-lived intangible assets, net	530.5	662.1
Goodwill	103.6	104.0
Intangible Assets, net	$634.1	$766.1

As of December 31, 2024, goodwill included $91.1 million related to the Company’s Global Private Equity segment in

connection with the acquisition of Abingworth. The balance also included $5.5 million associated with the Company’s Global

Credit segment and $7.0 million associated with the Company’s Global Investment Solutions segment.

As discussed in Note 2, Summary of Significant Accounting Policies, the Company reviews its intangible assets for

impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable,

and considers factors including, but not limited to, expected cash flows from its interest in future management fees and the

ability to raise new funds. During the years ended December 31, 2024 and 2023, the Company recorded no impairment losses.

During the year ended December 31, 2022, the Company recorded an impairment charge of $4.0 million on certain acquired

contractual rights related to Carlyle Aviation Partners as a result of impaired income streams from aircraft under lease in

Intangible asset amortization expense was $130.8 million, $135.0 million and $103.9 million for the years ended

December 31, 2024, 2023 and 2022, respectively, and is included in general, administrative, and other expenses in the

consolidated statements of operations. Certain intangible assets are held by entities of which the functional currency is not the

U.S. dollar. Any corresponding currency translation is recorded in accumulated other comprehensive income (loss).

The following table summarizes the expected amortization expense for 2025 through 2029 and thereafter (Dollars in