Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced the closing of a $605 million Collateralized Loan Obligation (CLO) fund, the firm’s first new-issue CLO of the year. Carlyle Global Market Strategies CLO 2013-1 will invest in corporate leveraged loans and high yield bonds. Citigroup arranged the transaction.

Carlyle’s last new-issue CLO fund closed in December of 2012 at $620 million. The firm closed a total of four new-issue CLOs last year, raising $2.26 billion.

Carlyle’s structured credit/CLO business, with $17 billion in assets under management, is part of the firm’s Global Market Strategies platform, which had more than $30 billion in assets under management as of September 30, 2012. The platform includes: mezzanine and energy mezzanine loans; high yield and structured credit; distressed equity and debt; and four hedge fund strategies (long/short credit, emerging market equities, macroeconomic and commodities). The GMS platform has 157 investment professionals in New York, Washington, DC, Los Angeles, Chicago, Hong Kong, and London.

About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $157 billion of assets under management across 101 funds and 64 fund of fund vehicles as of September 30, 2012. Carlyle’s purpose is to invest wisely and create value on behalf of our investors, many of whom are public pensions. 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 1,300 people in 32 offices across six continents.

Web: www.carlyle.comVideos: www.youtube.com/onecarlyleTweets: www.twitter.com/onecarlylePodcasts: www.carlyle.com/about-carlyle/market-commentary/481

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