The Carlyle Group Closes New European CLO Totaling €450m

 Global Market Strategies Structured Credit Team Has Now Completed Five European CLOs Totaling €1.9Billion since 2013 

London, UK – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced the closing of a Collateralized Loan Obligation (CLO) fund in Europe, totaling €450 million.  The CLO is the firm’s fifth European CLO since the market re-opened in 2013, and represents a total of €1.2 billion raised in 2014.

In addition to the European CLOs, in 2014 Carlyle has raised approximately $2.73 billion in CLOs in the U.S.

Carlyle’s structured credit/CLO business is part of the firm’s Global Market Strategiesplatform, which had approximately $38.9 billion in assets under management as of September 30, 2014. The platform includes: mezzanine and energy mezzanine loans; high yield and structured credit; distressed equity and debt; and four hedge fund strategies (long/short credit, emerging market equities, macroeconomic and commodities). The GMS platform has more than 149 investment professionals in New York, Washington, DC, Los Angeles, Chicago, Hong Kong, and London.

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About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $203 billion of assets under management across 129 funds and 141 fund of funds vehicles as of September 30, 2014. Carlyle's purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs 1,700 people in 40 offices across six continents.

Web: www.carlyle.com

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Contact:

Catherine Armstrong

+44 207 894 1632

Catherine.armstrong@carlyle.com

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