The Carlyle Group

Today, Carlyle and KKR announced that through strategic partnerships comprised of funds and accounts managed by their respective credit businesses, they have agreed to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services. Monogram, a portfolio company of Carlyle, will serve as portfolio manager for the student loan portfolio. Akhil Bansal, Head of Credit Strategic Solutions at Carlyle said: “This acquisition highlights Carlyle’s proven expertise in private student loans and asset-backed finance, demonstrating our Global Credit business’s ability to provide scaled, tailored solutions to meet our clients’ dynamic needs. As the lending space evolves, we believe private markets are well-positioned to offer financial institutions increased flexibility amidst this transformation.” Carlyle’s investment was led by the Credit Strategic Solutions team, a highly experienced group within our Global Credit business focused on asset-backed investments. Read more here: http://spr.ly/6040ieIwi

“As far as M&A, we believe there will be an increase this year. We’re starting to see trickles of that in the leveraged loan market – there’s stability in the market, and financing markets are wide open. So, if you want to acquire a company and use loans to back it, it’s available to you… We expect to be busier with M&A than we were last year.” – Lauren Basmadjian, Global Head of Liquid Credit at Carlyle Lauren joined Alix Steel and Romaine Bostick, CFA on Bloomberg to discuss the state of the leveraged loan market and the outlook for M&A activity. Carlyle, as one of the largest #CLO managers globally with over $50 billion in assets, has access to extensive lending data from over 600 US companies. Watch here: http://spr.ly/60439AFIW

Carlyle’s Global Credit platform has co-led a financing package to support the acquisition of Gruppo Animalia, the leading provider of veterinary care services in Italy, by Charme Capital Partners. Founded in 2019, Animalia has become the leading platform in the veterinary sector in Italy, with more than 75 clinics spread across 13 Italian regions. The company covers the full suite of veterinary services, with a specific focus on advanced medical and second-opinion services. This transaction will support Animalia to further expand its network of clinics and accelerate its growth plans. Nicola Falcinelli, Deputy Head of European Private Credit, said: “We are delighted to support Charme’s acquisition of Animalia, a business that is well positioned to meet the growing and resilient demand for veterinary care services in Italy. This transaction exemplifies our established strategy of partnering with high-quality sponsors and family-owned companies in supporting the build-up of strong, resilient businesses.”

We’re pleased to announce our continued partnership with Manulife Investment Management following our successful collaboration in 2019 on Manulife Private Equity Partners. This second transaction was seeded with an existing portfolio of private equity fund interests and co-investments representing more than 30 leading private equity managers. Michael Hacker, Partner at AlpInvest, said: "Having worked with Manulife IM to select the seed portfolio, we are excited to invest in the second fund which consists of high-quality North American buyout investments managed entirely by longstanding AlpInvest relationship GPs." Read more here: https://lnkd.in/gVVr33dd

We are pleased to announce Willi Westenberger's inclusion on the annual Rising Stars of Private Equity list for 2024 run by Private Equity News. Willi, based in Munich, is a Principal in Carlyle’s European buyout team. Congratulations, Willi! Read his full profile: http://spr.ly/60469lkDo This award was announced on June 30, 2024, from Private Equity News. No compensation was paid by Carlyle for the award.

"We're seeing that inflection point, we're seeing it for the right reasons. And there are a lot of things for all of us to do, to continue to have growth." Alexander Popov, Head of Private Credit, joined Leslie Picker on CNBC to discuss our recent partnership with Seattle Sounders FC to invest in and operate National Women's Soccer League (NWSL) club Seattle Reign FC. Alex highlighted how this investment marks a significant milestone for professional women’s soccer in the United States, the greater Seattle sports community, and Carlyle as we extend our investment expertise into women’s sports.⚽️ Watch and read the full story here: http://spr.ly/60459XvdH

Why is vocabulary so important to the role of sustainability in investing? In this #podcast episode, Megan Starr, Global Head of Corporate Affairs, joins Jason Thomas for a discussion about Carlyle's #sustainability efforts, notable highlights and trends, and this year’s #ESG report. Listen to Insights & Indicators: http://spr.ly/60459JBE3

Carlyle was delighted to recently host a #Credit Training Event in Abu Dhabi for our key investment partners from across the Middle East, where a group of leaders delved into all things Credit with dedicated sessions on Direct Lending, Opportunistic Credit, CLOs, Real Assets Credit, Portfolio Finance, Asset-Backed Finance, and Multi-Strategy Credit. The event featured case-based sessions led by Mark Jenkins, Akhil Bansal, Andreas Boye, Nicola Falcinelli, Peter Mackie, Brian Marcus, Manish Taneja, Sebastiano Riva, Catherine Verri, Javier Meireles, Vjerana Burleigh and provided an opportunity for delegates to connect, gain valuable and actionable insights, and pave the way for future collaborations. Thank you to all the delegates for making this a dynamic event and to our speakers for sharing their expertise and perspectives. We especially enjoyed the Mock IC that took place at the end of day 2.

We’re excited to see Lindsay LoBue highlighted on the Nasdaq billboard today in celebration of her new role as Carlyle's Chief Operating Officer.

Carlyle’s Mark Jenkins spoke at #BloombergInvest this week, the news organization’s flagship event for the banking, wealth, and #PrivateMarkets. On a panel titled, “From Financing Deals to Private Credit Opportunities,” Mark spoke with Bloomberg anchor Dani Burger on the continued opportunities in #PrivateCredit, the convergence of public and private credit markets, and the macro and geopolitical landscape. Watch his panel here: http://spr.ly/6049g0GLZ