Carlyle Adds $1B CLO Assets Under Management

The Carlyle Group says that it has acquired the management contracts of a $500 million collateralized loan obligation, has created a $507 million CLO, and sees more opportunity to expand into the CLO market, Reuters reported Wednesday. The private equity firm now advises 31 collateral loan funds in the US and Europe, totaling $12.7 billion in assets under management, Reuters said.

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