The Carlyle Group raises $611m

The Washington-based private equity firm closes US CLO fund.

The Carlyle Group held a final close for its Carlyle US CLO 2018-1 at $611 million.
The CLO, arranged by Citigroup, is the firm’s second new-issue to close in the U.S. in 2018. Carlyle US CLO 2018-1 will invest predominantly in senior secured leveraged loans in a diverse number of sectors in United States.
The fund’s predecessor, Carlyle US CLO 2017-4 closed at $613 million in November 2017.
Carlyle’s structured credit/CLO business has approximately $22.6 billion in assets under management.