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Updated · Bloomberg · May 11Carlyle Secured Lending Cuts Dividend to 35 Cents as First-Quarter Asset Value Falls
2 articles · Updated · Bloomberg · May 11
- Carlyle Secured Lending lowered its current-quarter dividend to 35 cents a share, down from 40 cents in the first quarter.
- First-quarter asset values declined at the Carlyle-managed private credit fund even as it said credit-market conditions had improved.
- The business development company, which lends mainly to small and midsize companies, also reported originating more loan deals during the quarter.
With valuations under fire, what hidden risks are lurking in private credit portfolios? Is AI creating a shadow crisis in the multi-trillion-dollar private credit market?