Carlyle Group Inc. is in advanced discussions to acquire Todd Boehly’s CBAM Partners investment firm as the private equity giant seeks to expand its reach across credit markets, according to people with knowledge of the matter.
A potential transaction could value CBAM, which is majority owned by Boehly’s Eldridge Industries, at $750 million to $850 million, said the people, who asked not to be identified because the conversations are private. CBAM has no debt of its own.
