The Carlyle Group Inc. (CG)
Carlyle Group's David Rubenstein: Business community 'fairly euphoric' about Trump 2.0
David Rubenstein, The Carlyle Group co-founder and co-chairman, joins CNBC's 'Special Report' as President-elect Donald Trump is inaugurated as the 47th U.S. president, becoming the second to serve two non-consecutive terms.
Carlyle Secured Lending: Call Risk Makes Baby Bonds Less Appealing
Carlyle Secured Lending's baby bonds face increased call risk, prompting me to sell, despite the company's solid performance and no immediate financial threats. Net investment income has decreased slightly, but interest payments remain secure, with sustainable base dividends and variable special dividends benefiting shareholders. I sold my CGBDL position after the bond price exceeded $26, as the potential call in December 2025 reduces the effective annualized return.
Carlyle lines up bankers for possible sale of British fund network Calastone, sources say
Carlyle has lined up bankers to explore a sale of its British funds network and data business Calastone, which would be the latest deal in a sector that has attracted billions of pounds from investors, four people familiar with the matter said.
Carlyle Secured Lending: Trades At A Premium But For Good Reason (Rating Downgrade)
I am downgrading my rating on Carlyle Secured Lending to a hold due to its current premium to NAV, making it less attractive for new positions. CGBD's portfolio strength, high dividend yield of 10.3%, and reduced non-accrual rate contribute to its solid outperformance compared to peer BDCs. Despite mixed financial results, CGBD's portfolio operates on a floating rate basis, benefiting from higher interest rates but facing potential challenges with anticipated rate cuts.
Carlyle Group: Alternative Assets With Stellar Management
Carlyle Group, led by CEO Harvey Schwartz, is well-positioned for long-term success with robust fundraising, strong leadership, and growing fee-related earnings. The firm has achieved record assets under management at $450 billion and aims for $1.1 billion in fee-related earnings this year. Carlyle offers a 2.77% dividend yield and has a substantial share repurchase program, enhancing shareholder value and providing a 5.42% total yield.
Carlyle agrees to sell Italy's Forgital to Stonepeak
Private equity firm Carlyle has agreed to sell Italian firm Forgital, which manufactures forged components mainly for the aerospace sector, to U.S. alternative investment firm Stonepeak, the two companies said on Monday.
Carlyle's Jenkins on $5.7B Capital Raise, Credit Market
Mark Jenkins, Carlyle's head of global credit, discusses Carlyle raising $5.7 billion for its latest flagship credit fund and the outlook for the credit market. Speaking with Sonali Basak on Bloomberg Television, Jenkins sees a "very safe environment" for investing going into 2025.
Bank Of America Raises Bullish Outlook On US Brokers, Exchanges, Alternative Investments: 3 Top Picks For 2025
Bank of America is bullish on U.S. brokers, asset managers and exchanges heading into 2025, raising price targets across the sector by an average of 14%, citing strong tailwinds from deregulation, rising retail investor engagement and solid U.S. GDP growth projected at 2%-2.5%.
Why Is Carlyle (CG) Up 0.8% Since Last Earnings Report?
Carlyle (CG) reported earnings 30 days ago. What's next for the stock?
Carlyle Secured Lending: An 11% Yield That Is Still Worth Buying
Carlyle Secured Lending offers an 11% yield, covering its dividend with net investment income, despite a decline in portfolio value and interest income. The non-accrual ratio improved significantly in 3Q24 due to selling underperforming loans, enhancing loan quality, and aligning with peers like Ares Capital. The BDC's portfolio value decreased 8% YoY, primarily due to higher repayments, impacting interest income and potentially the ability to pay supplemental dividends.
Carlyle Secured Lending: Stocking Stuffer Yielding 9.4%
Carlyle Secured Lending Inc. is an overlooked small-cap business development company, or BDC, with solid fundamentals, poised for growth post-merger despite recent earnings misses. The BDC's dividend coverage remains strong at 109%, with a 9.4% yield, making it attractive for income investors in an expensive market. Carlyle's balance sheet is robust, with low leverage, strong liquidity, and investment-grade credit ratings, positioning it well for future challenges.
The Market Is Missing Out On Carlyle Secured Lending
Carlyle Secured Lending Inc. is a business development company, or BDC, that fills the financing gap for enterprises struggling to acquire more traditional forms of financing (public or bank). The Company's defensive portfolio provides solid metrics in terms of first-lien exposition and non-accruals. CGBD distinguishes itself with outstanding regular dividend coverage, which should attract investors and drive its premium to NAV higher.
