/UCW/ NEW YORK, NY – Global alternative asset manager The Carlyle Group (NASDAQ:) today announced the closing of a Collateralized Loan Obligation (CLO) fund in the U.S. totaling approximately $507 million. The CLO, arranged by Citigroup, is the firm’s fourth of 2016 in the United States. Carlyle GMS CLO 2016-4 will invest predominantly in senior secured loans.
Carlyle’s structured credit/CLO business now has $18.8 billion in assets under management. Carlyle’s global credit businesses include: Loans & Structured Credit, Private Credit, Energy Credit and Distressed Credit. Those businesses have more than 100 investment professionals in New York, Washington, DC, Los Angeles, Chicago, Hong Kong, and London.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $169 billion of assets under management across 125 funds and 177 fund of funds vehicles as of September 30, 2016. 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 1,625 people in 35 offices across six continents.