By Benjamin Horney (April 6, 2022, 11:40 a.m. EDT) — The Carlyle Group said Wednesday it had closed its second fund of credit opportunities after securing $4.6 billion from limited partners, with plans to providing loans to upper-middle market businesses, primarily in North America and Europe.
The fund, called Carlyle Credit Opportunities Fund II, or CCOF II, exceeded its original target of $3.5 billion and closed at the cap, Carlyle said in a statement. Including available leverage, the fund has approximately $6 billion of investable capital.
The new fund has already deployed approximately $3.8 billion of its available capital across 22 companies in North America and…
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and more!