Carlyle Group raises $1.5 billion for new investment fund, continuing to expand its credit business footprint

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ME News Report, April 15 (UTC+8), Carlyle Group raised $1.5 billion in the first round of fundraising for its newly established asset-backed investment fund, as this private equity giant continues to expand its credit business footprint. Pension funds, sovereign wealth funds, and other institutional investors participated in the fund — Carlyle Asset-Backed Income Fund. Unlike most fixed-term credit funds, this fund will adopt a “perpetual” structure with no maturity date. Due to sensitive information, the individual requested anonymity. (Source: ChainCatcher)

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