Our strong direct origination platform allows us to maximize our investment opportunity set and enhance overall investment selectivity.
Our investment objective is to generate current income and capital appreciation primarily through debt investments in U.S. middle market companies, which we define as companies with approximately $25 to $100 million of EBITDA annually.
Our investments include first lien senior secured loans (which may include stand-alone first lien loans, first lien/last out and “unitranche” loans) and second lien senior secured loans, with the balance of our assets invested in higher yielding investments (which may include unsecured debt, mezzanine debt and investments in equities).
We utilize a rigorous and systematic underwriting and due diligence process that has been refined over The Carlyle Group’s long history investing in private markets to evaluate all investment opportunities.