Carlyle Secured Lending Outlines Growth Strategy to Expand SCP Assets to $7 Billion
Carlyle Secured Lending (CGBD) has announced a strategic roadmap aimed at increasing its Secured Capital Program (SCP) assets to a range of $6 billion to $7 billion. To support this expansion, the company intends to target the formation of four Collateralized Loan Obligations (CLOs) annually. Despite these growth targets, CEO Alex Chi noted that macroeconomic and geopolitical uncertainties have impacted direct lending volumes. The decline in year-over-year volume is attributed to slower-than-anticipated private equity activity, which has constrained the broader lending environment.
Tickers: $CGBD
Topics: direct lending volume macroeconomic uncertainty private equity activity
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Part of the story Carlyle Secured Lending outlines plan to ramp SCP to $6B to $7B of assets while targeting 4 CLOs per year (2 articles)