Carlyle GMS Finance closes $400 mln CLO

Carlyle GMS Finance Inc., a BDC managed by the Carlyle Group, said Monday it closed its first  middle-market CLO at $400 million. Proceeds of the CLO will be used mainly to finance middle-market loans originated by Carlyle GMS Finance.


New York, NY – – Carlyle GMS Finance, Inc., a Business Development Company managed by the Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced the closing of a $400 million middle-market CLO. Proceeds from Carlyle GMS Finance MM CLO 2015-1, the first middle-market CLO issued by Carlyle GMS Finance, will be used primarily to finance middle-market loans originated by Carlyle GMS Finance.

Carlyle GMS Finance, Inc. and its affiliate, NF Investment Corp., are primarily focused on lending to private U.S. middle-market companies. In aggregate, Carlyle’s middle-market investment team advised approximately $2.5 billion in assets under management across five funds as of March 31, 2015.

Michael Hart, President of Carlyle GMS Finance, said, “Issuing our first middle-market CLO demonstrates the strength of our loan origination platform and our ability to secure attractive financing.”

Carlyle’s Global Market Strategies platform had $36 billion in assets under management as of March 31, 2015. The platform includes: mezzanine and energy mezzanine loans; high yield and structured credit; distressed equity and debt; and four hedge fund strategies (long/short credit, emerging market equities, macroeconomic and commodities). The GMS platform has 224 investment professionals in New York, Washington, DC, Los Angeles, Chicago, Hong Kong and London.

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About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $193 billion of assets under management across 130 funds and 156 fund of funds vehicles as of March 31, 2015. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,650 people in 40 offices across six continents.