Last December, when Carlyle Group took over four CLOs previously managed by Mizuho Alternative Investment, it didn’t just get the management contracts; it also acquired equity in these deals.

The prospectus for Carlyle’s IPO, which was filed with the Securities and Exchange Commission on Monday, said the firm acquired $51 million par value of subordinated notes in the four CLOs from affiliates of Mizuho. This transaction was simultaneous with the acquisition of the management contracts of the CLOs, which at the time had total assets of $1.2 billion.

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