Carlyle to support board diversity via $4.1bn ESG-linked credit facility

The $246 billion investment firm The Carlyle Group has secured the largest ESG-linked private equity credit facility in the U.S. with $4.1 billion to support its Americas corporate private equity funds.

The structure of this first-of-its-kind revolving credit facility that was led by Bank of American and involved a consortium of financial institutions is tied to the Carlyle’s goal of having 30% diverse directors on the boards of Carlyle controlled companies within two years of ownership. Carlyle said it plans to continue its efforts to work closely with its portfolio . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.

Get started

Back to top button

Get our daily news digest
in your inbox

Our FREE mailing list brings you daily alts intel.

Thank you for subscribing.

Something went wrong.