Carlyle closes $816m CLO

Carlyle has now completed five CLOs in 2014 totalling $3.23 billion.

The Global Market Strategies structured credit team at the Carlyle Group has closed its third CLO in the US this year at approximately $816 million.

Carlyle GMS CLO 2014-3, arranged by Citigroup, will invest predominantly in senior secured bank loans.

The NASDAQ-listed asset manager Carlyle has now completed five CLOs in 2014 totalling $3.23

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