Carlyle raises $300m for bank debt fund

Carlyle, the private equity firm, has extended its range of financing options by raising a $300m fund to target non-investment grade bank loans.

The primary purpose of the fund is to purchase loans from banks at discounted prices and deliver an attractive return for the fund's investors.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump