News Release
Carlyle to launch new European Private Credit strategy for private wealth investors
London, UK – February 13, 2024 – Global investment firm Carlyle (NASDAQ: CG) today announced the launch of a new semi-liquid European Private Credit strategy (“ETAC”) which offers a single entry point for individuals to access Carlyle’s Global Credit platform.
With $188bn of assets under management, Carlyle’s Global Credit platform utilizes its scale, breadth of capabilities and integrated platform to offer borrowers bespoke solutions across the entire capital structure. The new evergreen strategy provides individuals access to a wide range of its European Private Credit strategies to meet the objective of delivering income with a focus on downside protection, through investing directly in deals originated by Carlyle’s Global Credit platform.
The strategy is designed to generate income by tactically allocating assets to a wide range of credit strategies where Carlyle has proven investment expertise: direct lending, opportunistic credit, and real assets credit. For further information, visit the ETAC website.
Taj Sidhu, Head of European and Asian Private Credit, said: “We believe private credit is a fundamental constituent within a well-diversified investment portfolio, and can provide investors enhanced yields through market cycles. In launching this European Private Credit strategy for individuals, we are providing a single point of access to highly differentiated opportunities to an increasingly important investor base, enabling them to benefit from Carlyle Global Credit’s breadth of capabilities, scale of capital and integrated global platform.”
Shane Clifford, Head of Carlyle Wealth Strategy, said: “The launch of ETAC represents a significant milestone in Carlyle’s drive to provide individuals access to private markets, particularly in Europe. Private credit has unique benefits and considerations in a portfolio, beyond traditional asset classes. ETAC offers flexibility and access to investment opportunities historically only available to large institutional investors, as Carlyle broadens its fund suite for the private wealth channel.”
The launch of this European Private Credit strategy builds on the momentum and strong track record of the Carlyle Tactical Private Credit Fund (“CTAC”), which seeks to produce current income and provide individual investors with access to the private credit markets, focused on North America.
About Carlyle
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $426 billion of assets under management as of December 31, 2023, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,200 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.
Media contact:
Charlie Bristow
charlie.bristow@carlyle.com
+44 7384 513568