Carlyle buys $415m private student loan portfolio from Truist

Monogram is a Boston-based provider of finance solutions for students and their families.

  • Monogram will partner with Carlyle to originate, acquire and manage third-party private student loan assets
  • Carlyle has $382 billion of assets under management as of September 30, 2023
  • Monogram has more than $7 billion in loans under management

The Carlyle Group has acquired a $415 million private student loan portfolio from Truist and also made an investment in Monogram, which will manage the portfolio.

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