Alternative asset manager The Carlyle Group has closed a USD620m collateralised loan obligation fund, the firm’s fourth new-issue CLO in less than a year.
Carlyle Global Market Strategies CLO2012-4 will invest in corporate leveraged loans and high yield bonds. Wells Fargo arranged the transaction.
Carlyle’s last new-issue CLO fund closed in September at USD615m. The firm closed its first new-issue CLO of the year in March and its second in June, both at USD510m, and has now raised USD2.26bn in new-issue CLOs for the year.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
