Carlyle Secured Lending Inc

Carlyle Secured Lending, Inc. (NASDAQ: CGBD) is an externally managed specialty finance company operating as a business development company (BDC) focused on lending to U.S. middle-market companies. Managed by Carlyle Global Credit Investment Management L.L.C., a wholly owned subsidiary of The Carlyle Group Inc., CGBD generates current income and capital appreciation primarily through directly originated first lien, senior secured, floating rate debt investments in sponsor-backed companies with EBITDA of $25 million or greater. Since commencing investment operations in May 2013 through June 30, 2026, CGBD has invested approximately $11.2 billion in aggregate principal amount of debt and equity investments. The company operates two fee-free joint venture vehicles — Middle Market Credit Fund (a 50%-owned co-lending vehicle) and Structured Credit Partners (a 45%-owned CLO investment platform) — which enhance portfolio returns without charging management or incentive fees. CGBD's portfolio spans 177 companies across 263 investments with 95% senior secured exposure, 99.5% floating rate, and a weighted average yield of 10.4% on income-producing investments. The company is regulated under the Investment Company Act of 1940 and benefits from Carlyle's broader global credit platform, which manages $211 billion in assets across direct lending, CLO management, opportunistic credit, and real assets credit strategies. Updated Aug 6, 2026