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

Carlyle Global Credit Invests in Prime Capital Financial (Minority Stake) With Abry Partners Exiting

August 7, 2026

Financial Services

Carlyle’s Global Credit platform agreed to provide approximately $600 million of hybrid capital to Prime Capital Financial, taking a minority ownership position valued at more than $1.8 billion enterprise value. Abry Partners, which invested in Prime Capital Financial in 2023, will exit as part of the transaction, while Prime’s advisor-led model and majority employee ownership structure are preserved.

Carlyle and SK Capital Acquire bluebird bio

May 14, 2025

Healthcare Services

bluebird bio entered into a definitive agreement to be acquired by funds managed by Carlyle and SK Capital Partners, with expected close in the first half of 2025. Under the deal, bluebird stockholders are set to receive $3.00 per share in cash plus a contingent value right (CVR) of up to $6.84 per share if a net sales milestone is achieved by 2027 (or an alternative $5.00 per share cash option later added).

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.

Capital One Financial to Acquire Discover Financial Services in $35.3B All-Stock Deal

February 19, 2024

Payments & Fintech

Capital One Financial Corporation announced it has entered into a definitive agreement to acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion. Under the terms, Discover shareholders will receive 1.0192 shares of Capital One for each Discover share, representing a 26.6% premium. The transaction was later completed in 2025 after required regulatory approvals and shareholder votes.

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.