Carlyle to wind down $4 bln energy debt unit after leaders exit: Bloomberg

Carlyle Group is winding down a $4 billion energy credit business after the exit of its two co-heads, Bloomberg reported. The departures of David Albert and Rahul Culas triggered a key man event on Carlyle Energy Mezzanine Opportunities Fund II, the story said. The unit’s remaining team will discontinue investing from the $2.8 billion pool, Bloomberg said.

31 July 2019•1 min read
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