Vertical Capital Income Fund Announces Appointment of Carlyle as Investment Manager and Rebrand to Carlyle Credit Income Fund
Retrieved on:
Monday, July 17, 2023
Carlyle has been investing in the credit markets for more than 20 years and is currently one of the world's largest CLO managers.
Key Points:
- Carlyle has been investing in the credit markets for more than 20 years and is currently one of the world's largest CLO managers.
- Carlyle currently has more than $150 billion in credit assets under management across a broad range of strategies, including liquid credit, private credit, and real assets credit.
- In addition, Carlyle has made a $40 million equity commitment to CCIF, creating increased alignment between Carlyle and Company shareholders.
- Carlyle will also make an investment in CCIF of at least $15,000,000 in newly issued shares and private share purchases.