Carlyle Said to Be in Talks to Buy Highland European CLOs
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Carlyle Group LP, the Washington-based private-equity firm, is in talks to buy Highland Capital Management LP’s unit that manages $3 billion in collateralized loan obligations in Europe, according to two people with knowledge of the matter.
The companies haven’t come to an agreement and may not reach a deal, said the people, who declined to be identified because the sale isn’t public. Highland first put the portfolio, which includes five CLOs, up for sale earlier this year.