The Carlyle Group Closes $510 Million CLO

Structured Credit Team Completes Third
New-Issue Fundraising in Less Than a Year

New York, NY – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced the closing of a $510 million Collateralized Loan Obligation (CLO) fund, the firm’s third new-issue CLO in less than a year.  Carlyle Global Market Strategies CLO 2012-2 will invest in corporate leveraged loans and high yield bonds. JPMorgan Chase arranged the transaction.

Linda Pace, Carlyle Managing Director and Head of U.S. Structured Credit, said, “As investors continue to seek yield in a low interest rate environment, we are gratified to see demand for our structured offerings.”

Carlyle’s last new-issue CLO fund closed in March, also at $510 million. The firm also closed a $507 million new issue CLO in July 2011.

Carlyle’s structured credit/CLO business resides within the firm’s Global Market Strategies platform, which had more than $28 billion in assets under management as of March 31, 2012. The platform includes: mezzanine and energy mezzanine loans, high yield and structured credit, distressed equity and debt, long/short credit, and emerging market equities and macroeconomic strategies. The GMS platform has more than 100 investment professionals in New York, Washington, DC, Los Angeles, Chicago, Hong Kong, and London.

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About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $159 billion of assets under management in 94 funds and 63 fund of fund vehicles as of March 31, 2012. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,300 people in 32 offices across six continents.

Web: www.carlyle.com; Video: www.youtube.com/OneCarlyle

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