Carlyle and KKR Acquire Approximately $10.1 Billion Prime Student Loan Portfolio from Discover Financial Services

Carlyle Acquires $415M Private Student Loan Portfolio and Invests in Monogram

January 24, 2024

Financial Services

The Carlyle Group, via its Credit Strategic Solutions team, acquired a $415 million private student loan portfolio and made a strategic investment in Monogram LLC to partner on originating, acquiring and managing private student loan assets. Monogram — led by the former Cognition Financial management team and headquartered in Boston — will leverage Carlyle's capital to expand its origination, servicing and portfolio management capabilities.

Carlyle Acquires CBAM Partners' Credit Portfolio

March 9, 2022

Financial Services

The Carlyle Group's Global Credit platform agreed to acquire a portfolio of CLOs and private credit assets from CBAM Partners (an affiliate of Eldridge) for $615 million in cash plus ~4.2 million newly issued Carlyle common shares. The deal, expected to close in H1 2022, boosts Carlyle's Global Credit AUM from $73 billion to about $88 billion and makes it the world’s largest CLO manager by AUM.

Capital One Financial Acquires Discover Financial Services

February 19, 2024

Financial Services

Capital One Financial Corporation will acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion. The deal combines Capital One’s banking and technology with Discover’s payments and card network to build a larger global payments platform and to generate expected expense and network synergies.

Carlyle (Global Credit) Provides NOK 2,750m Strategic Capital to Jordanes ASA

January 6, 2025

Food & Beverage

The Carlyle Group's Global Credit platform has provided a NOK 2,750 million (approximately $250 million) strategic capital package to Jordanes ASA to finance a management buyout led by co‑founders Jan Bodd and Stig Sunde, refinance existing indebtedness, and fund future growth. The financing, led by Carlyle Credit Opportunities, strengthens the co‑founders' ownership and provides growth capital to support Jordanes' continued expansion across its portfolio of Nordic consumer brands and casual dining businesses.

Carlyle and SK Capital Acquire bluebird bio

May 14, 2025

Healthcare Services

bluebird bio agreed to be acquired by funds managed by Carlyle and SK Capital in a deal valuing bluebird at $3.00 per share in cash plus a contingent value right (CVR) tied to $600 million of net sales by the gene therapy portfolio (up to $9.84 per share including the CVR). The transaction closed on June 2, 2025, and bluebird became privately held with its shares no longer listed.

Carlyle Provides $1.3 Billion Strategic Investment in Trucordia

June 4, 2025

Insurance

The Carlyle Group's Global Credit platform will make a $1.3 billion strategic investment in Trucordia, valuing the insurance brokerage at $5.7 billion. The transaction will reduce Trucordia's leverage, repurchase units from existing minority investors, simplify governance, and provide capital flexibility to support growth.