Global private investment firm Carlyle is to launch a new semi-liquid European private credit strategy (ETAC) which provides individual investors with access to the firm’s $188bn AUM global credit platform.
The new evergreen strategy provides individuals with access to a wide range of Carlyle’s European private credit strategies, which offer borrowers bespoke solutions across the entire capital structure, with the aim of delivering income with a focus on downside protection.
According to a press statement, the strategy is designed to generate income by tactically allocating assets to a wide range of credit strategies where Carlyle has proven investment expertise: direct lending, opportunistic credit, and real assets credit.
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Taj Sidhu, Head of European and Asian Private Credit at Carlyle, said: “We are providing a single point of access to highly differentiated opportunities to an increasingly important investor base, enabling them to benefit from Carlyle global credit’s breadth of capabilities, scale of capital and integrated global platform.”
The launch of the European private credit strategy follows the Carlyle Tactical Private Credit Fund (CTAC), which seeks to produce current income and provide individual investors with access to the private credit markets, focused on North America.
Source: Priate Equity Wire
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