About This Deal

The Carlyle Group acquired CBAM Partners (CLO portfolio) for $812.9M, a transaction completed in March 2022, structured as Asset / management-contract purchase; cash plus newly issued stock.

CBAM Partners (CLO portfolio) operates in Global Credit (CLOs), is based in New York, New York, USA. Carlyle acquired the management contracts for a portfolio of assets from CBAM Partners, primarily U.S. and European collateralized loan obligations, significantly scaling its Global Credit CLO business. Alongside the contracts, Carlyle also acquired CBAM CLO senior and subordinated notes. The transaction closed March 21, 2022.

Scale Carlyle's CLO and structured-credit platform through acquired management contracts and CLO assets.

Deal Terms

Acquirer
The Carlyle Group
Target
CBAM Partners (CLO portfolio)
Value
$812.9M
Date
March 2022
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
New York, New York, USA
Segment
Global Credit (CLOs)
Structure
Asset / management-contract purchase; cash plus newly issued stock
Closed
March 21, 2022

Advisors

Advisory firms were not disclosed for this transaction.

Sources: Press release ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.