Altive announced the closing of “Carlyle Secured Lending III Altive Access Fund”
Altive is proud to announce one of our flagship products “Carlyle Secured Lending III Altive Access Fund” was successfully closed on 17th October 2022, with high demand from family offices and individual high net worth investors.
The highly sought-after product is a top-tier credit solution managed by The Carlyle Group. With the lack of access and an originally large minimum investment requirement, it was previously difficult for investors to invest in this high-quality credit investment. With our strategic partnership with Carlyle, Altive was able to provide access to the product via our proprietary fund structure “Carlyle Secured Lending III Altive Access Fund” and offered the opportunity at a fractional size of $100,000 USD.
The continued rising interest rates, coupled with the floating rate feature of the “Carlyle Secured Lending III Altive Access Fund”, the product was in high demand among investors who were seeking to capture return driven by the rising rate enviornment. “The fund was launched at the right environment where investors are looking to receive consistent returns and hedge against interest rate hikes.
With their strong expertise, unique access in the private credit market, and risk management first approach, Caryle’s credit solution is one of the most attractive offerings among its peer. We are very honoured to partner with The Carlyle Group for Carlyle Secured Lending III and we are excited to be continue our partnership with Carlyle on its next signature credit product ‘Carlyle Credit Solutions’ in the coming quarter.” Jake Chan, Managing Partner of Altive commented.