Global investment firm Carlyle has announced the launch of a new semi-liquid European Private Credit strategy (ETAC) – which offers a single entry point for individuals to access Carlyle’s Global Credit platform.
With $188 billion of assets under management, Carlyle’s Global Credit platform utilizes its scale, capabilities, and integrated platform to offer borrowers bespoke solutions across the entire capital structure. And the new evergreen strategy provides individuals access to a wide range of its European Private Credit strategies to meet the objective of delivering income with a focus on downside protection, through investing directly in deals originated by Carlyle’s Global Credit platform.
This strategy was 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.
The launch of this European Private Credit strategy builds on the momentum and strong track record of 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.
KEY QUOTES:
“We believe private credit is a fundamental constituent within a well-diversified investment portfolio, and can provide investors enhanced yields through market cycles. In launching this European Private Credit strategy for individuals, 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.”
- Taj Sidhu, Head of European and Asian Private Credit
“The launch of ETAC represents a significant milestone in Carlyle’s drive to provide individuals access to private markets, particularly in Europe. Private credit has unique benefits and considerations in a portfolio, beyond traditional asset classes. ETAC offers flexibility and access to investment opportunities historically only available to large institutional investors, as Carlyle broadens its fund suite for the private wealth channel.”
- Shane Clifford, Head of Carlyle Wealth Strategy