Carlyle has held a final close for its second Carlyle Credit Opportunities Fund (CCOF II).
The fund raised $4.6 billion, hitting its hard cap, exceeding its $3.5 billion target, and attracting almost double the amount raised for its predecessor fund. Including available leverage, investable capital is approximately $6 billion.
CCOF II provides capital solutions to companies seeking an alternative to traditional capital markets or private equity. Its directly originated solutions are targeted at upper-middle-market borrowers, including family and entrepreneur-owned businesses, sponsor-backed companies and asset-backed borrowers.
“This fundraise furthers our ongoing strategy to scale the global credit platform and, along with the strong performance of our initial fund, is a testament to the market opportunity and the talent of our team. We are grateful for the confidence and support of our investors, many of whom are repeat investors, and remain committed to del
