A private credit fund managed by Carlyle Group Inc. cut the value of its assets in the first quarter and lowered its dividend, while reporting that it originated more loan deals.
Carlyle Group Inc. arranged a first-of-its-kind financing that will commit more than $5 billion to seed its next flagship buyout fund while repaying investors in some of its older vintages, according to people with knowledge of the matter.
Carlyle Group Inc. co-founder Bill Conway is backing a new venture that aims to procure land and power in Norway and sell the assets to data-center developers and technology companies.
