Carlyle Secured Lending (NASDAQ:CGBD) (NASDAQ: CGBD) is an externally managed closed-end business development company that focuses on providing secured loans to middle-market companies. The firm primarily makes first-lien senior secured term and revolving loans, seeking to generate current income and long-term capital appreciation for its shareholders. By concentrating on secured debt instruments, Carlyle Secured Lending aims to protect investor capital through collateral coverage while participating in the upside of portfolio company growth.
The company’s investment strategy centers on a broadly diversified portfolio across industries such as healthcare, business services, consumer products, industrial manufacturing and technology. Investment professionals evaluate opportunities in companies with annual earnings before interest, taxes, depreciation and amortization (EBITDA) typically ranging from $10 million to $200 million. By deploying floating-rate loans and structured credit solutions, the firm seeks to mitigate interest-rate risk and capture attractive risk-adjusted yields within leveraged capital structures.
Since commencing operations in late 2019, Carlyle Secured Lending has drawn on the resources and underwriting capabilities of The Carlyle Group’s Global Credit platform. The company leverages Carlyle’s deep sector expertise, extensive industry contacts and established due diligence processes to source and monitor transactions across North America. Over time, its asset-management team has built relationships with independent sponsors, private equity firms and corporate borrowers, contributing to a steadily growing and varied credit portfolio.
Leadership at Carlyle Secured Lending comprises experienced investment professionals from Carlyle’s credit and leveraged finance teams, supported by a governance framework that emphasizes risk management and regulatory compliance. The board and executive officers oversee portfolio construction, compliance protocols and shareholder communication. By combining the scale and capabilities of a leading global alternative asset manager with the specialized focus of a middle-market credit investor, the company seeks to deliver consistent income generation and preserve capital over market cycles.
