Carlyle Expands Lending Operations With Acquisition
November 21, 2011
The Carlyle Group has acquired Churchill Financial from Olympus Partners. Churchill is a middle-market debt provider with a $1.25 billion CLO portfolio focused on senior loans to middle-market companies. The acquisition adds an important middle-market lending portfolio and capability to Carlyle's Global Market Strategies business. Mr. Kencel will lead the Churchill team at Carlyle, which includes 13 investment professionals with, on average, more than 15 years of investment experience.