Carlyle Structured Credit Fund $800 Million Fundraising


Simpson Thacher represented the Carlyle Group in connection with raising more than $800 million for Carlyle Structured Credit Fund (“CSC”). CSC will primarily invest in collateralized loan obligations backed by U.S. and/or European senior secured corporate loans.

The Carlyle Group LP operates as a diversified multi-product global alternative asset management firm. The company led by David M Rubenstein, William E Conway Jr and Kewsong Lee, is 2016 recorded $2.287 Billion Revenues.

The Simpson Thacher team included Barrie Covit (Picture), Jordan Cross, Deborah Gruen, Richard Ragusa, Eric Fischer and Erika Herman (Funds); Jeanne Annarumma (ERISA); and John Creed and Jodi Schneider (Tax).

Involved fees earner: Barrie Covit – Simpson Thacher & Bartlett; Jordan Cross – Simpson Thacher & Bartlett; Deborah Gruen – Simpson Thacher & Bartlett; Richard Ragusa – Simpson Thacher & Bartlett; Erika Herman – Simpson Thacher & Bartlett; Jeanne Annarumma – Simpson Thacher & Bartlett; John Creed – Simpson Thacher & Bartlett; Jodi Schneider – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Carlyle Group;

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Author: Ambrogio Visconti