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The Carlyle Group Closes $605 Million CLO

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posted:2/15/2013
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Description: NEW YORK--(BUSINESS WIRE)--Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced the closing of a $605 million Collateralized Loan Obligation (CLO) fund, the firm’s first new-issue CLO of the year. Carlyle Global Market Strategies CLO 2013-1 will invest in corporate leveraged loans and high yield bonds. Citigroup arranged the transaction. Carlyle’s last new-issue CLO fund closed in December of 2012 at $620 million. The firm closed a total of four new-issue CLOs last yea a style='font-size
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