Carlyle Group

The biggest portion of the transaction, the $290 million of class A-1 bonds rated Aaa, were sold to yield 1.33% more than their Secured Overnight Financing Rate benchmark.

There's just one catch. Investors are embracing the securitizations backed by crops, and other farm assets, faster than farmers.

Portions of four of the Carlyle Group Inc. unit's funds, as well as a number of smaller stakes from other PE managers' buyout funds, are being bundled into a collateralized fund obligation.

The proceeds will finance the portfolio, which trades in the primary and secondary loan markets.

Carlyle Group Inc. expects more than $1.8 trillion of capital will be deployed by 2030 to meet that demand, and a chunk of that can be taken up by the private markets.

The deal taps into insurers' growing demand for long-dated private credit investments. More than a dozen investors, are set to participate in the transaction.

The Carlyle US CLO 2022-4 transaction closed originally on September 1, 2022.

In early June, Carlyle priced a more than $400 million deal — the investment firm's first debt sale from its historically active aviation platform since June 2022. Carlyle's return bodes well for aviation companies.

As banks sell investment-grade loans to reduce capital charges, Carlyle is purchasing and repackaging them into securities that can offer investors attractive returns.

Carlyle and T&D Holdings Inc., the parent of one of Japan’s largest life insurers, agreed to buy the majority of Fortitude Group Holdings.

Carlyle Aviation Management is issuing a $540M pool secured by the leases and asset values of 29 mid- to end-of-life aircraft.

The corporate aircraft finance specialist had previously only pooled jet purchase and lease agreements acquired from GE Capital.

The 26 mid-life to end-of-life passenger jets (averaging nearly 15 years of age apiece) are already on lease to 20 airlines in 16 countries, consisting of both narrowbody and widebody planes.

Stonyrock Partners will focus on buying stakes in asset managers focused on middle-market strategies.

The firm's risk profile has not altered, executives said on a third-quarter earnings call Wednesday; it remains "appropriately cautious."

A growing number of asset managers are waking up to the opportunity to lend to small and medium-sized companies, and much of this direct lending is making its way into the securitization market.

The $449.2 million Carlyle Direct Lending CLO 2015-1R is the 11th deal the global alternative asset manager has refinanced this year.

While Carlyle has been judicious with new issuance, it had a busier second quarter in refinancing older deals; several more will be ripe for refinancing in the third quarter.

It's another example of what appears to be tailoring tranches to meet the tenor and yield requirements of specific investors; the deal, GMS Euro CLO 2014-1, was also upsized to €508 million from €368.3 million originally.

Like the sponsor's February transaction, this one is backed by midsize and larger business jets, a volatile asset class; it amortizes more slowly and has looser restrictions on extending the terms of leases and loans.