The Carlyle Group has locked down additional capital to put to work alongside its structured credit fund, according to US Securities and Exchange regulatory filings.
The Washington, DC-based alternative asset management behemoth has raised $36.5 million for its CGMS Structured Credit Co-investment Fund. Carlyle is currently in the process of raising its SCF for which it is seeking $1 billion and has raised $223.7 million for the strategy, according to PDI data.
The firm declined to comment.
The SCF sidecar vehicle comes shortly after the firm disclosed has raised $125 million for its CSP IV Co-investment, which is associated with Carlyle Strategic Partners IV, a 2015-vintage year distressed fund that closed on its hard-cap of $2.5 billion in February.
Carlyle has previously raised co-investment funds for other vehicles, including 2007 vintage CSP II and 2011 vintage CSP III, which closed on $1.35 billion and $703 million, respectively, according to PDI data. SEC filings show CSP II Co-investment raised $55.65 million, while CSP III Co-investment raised $103.25 million.