A private credit fund under Carlyle has accepted 4.8% of redemption requests.

Glonghui, April 27 — In the latest tender offer by a private credit fund managed by alternative asset management firm Carlyle Group, as of March 31, investors requested to redeem 4.8% of outstanding shares. Regulatory filings show that Carlyle Credit Solutions will repurchase 4.7 million shares from investors in this tender offer. The fund, which targets high-net-worth investors, focuses on providing privately negotiated senior secured loans to sponsored mid-market U.S. companies. It is reported that in the previous tender offer, the private credit fund agreed to repurchase approximately 4.2 million shares, accounting for about 4.5% of outstanding shares as of December 31.