Carlyle Group (NASDAQ:CG) and OppenheimerFunds launch OFI Carlyle Private Credit Fund, the first strategy available through their joint venture to provide global private credit opportunities for high net worth individuals and advisers.
The strategy allocates assets across a range of credit strategies including direct lending, opportunistic credit, structured credit, and liquid credit to companies around the world.
The joint venture, started in Q4 2017, aims to deliver to high net worth clients and advisers the long-term income solutions that were generally available only to institutional and ultra high net worth investors.
Source: Press Release
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