The Carlyle Group Closes First 2017 Euro CLO, Totaling €413.5 Million
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 €413.5 million. The CLO, arranged by Credit Suisse, is the firm’s first of 2017 in Europe. Carlyle Euro CLO 2017-1 has a four-year reinvestment period and a two-year non-call period, with a final maturity in July 2030.
The structured credit/CLO business now has $19.1 in assets under management. Carlyle’s global credit businesses include: Loans & Structured Credit, Private Credit, Energy Credit and Distressed Credit. Those businesses have nearly 100 investment professionals in London, Hong Kong, New York, Washington, D.C., and Los Angeles.
* * * * *
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $162 billion of assets under management across 287 investment vehicles as of March 31, 2017. 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 Investment 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 more than 1,550 people in 31 offices across six continents.
+44 207 894 1632