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Carlyle, Oppenheimer Launch Private Credit Fund

OppenheimerFunds and The Carlyle Group announced the launch of OFI Carlyle Private Credit Fund, the first strategy made available through the firms' joint venture to provide global private credit opportunities for high net worth (HNW) investors and advisors.  Designed for long-term investors seeking current income, the strategy opportunistically allocates assets across a range of credit strategies including direct lending, opportunistic credit, structured credit and liquid credit to companies around the world. "We are thrilled to deliver a diversified income solution for investors who want access to private markets for their portfolios," said Kamal Bhatia, Co-Head of the JV and Head of Investment Solutions for...