Carlyle Provides Financing to Support Francisco Partners’ Acquisition of Blackline Safety

Carlyle

NEW YORK, NY and CALGARY, Alberta – July 22, 2026 – Global investment firm Carlyle (NASDAQ: CG) today announced that its Global Credit platform has provided financing to support Francisco Partners’ take-private acquisition of Blackline Safety Corp. (“Blackline”), a provider of connected safety technology for industrial workforces. Carlyle served as Administrative Agent and Lead Arranger for the transaction.

Headquartered in Calgary, Blackline provides connected wearable devices, personal and area gas detection, cloud-connected software and data analytics that help organizations protect workers and respond to safety risks across industrial environments.

“We are pleased to support Francisco Partners in its acquisition of Blackline Safety,” said Ari Mazo, Managing Director, Direct Lending at Carlyle. “This financing reflects Carlyle’s ability to provide scaled, tailored capital solutions in support of experienced sponsors and their portfolio companies.”

This investment is being led by Carlyle’s Direct Lending team within its Global Credit platform. The strategy pursues investments in privately negotiated debt and capital solutions by partnering with sponsors and family or entrepreneur-owned companies. Carlyle’s Global Credit platform has $209 billion in assets under management as of March 31, 2026.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $475 billion of assets under management as of March 31, 2026, Carlyle’s purpose is to connect people, ideas, and capital to fuel growth for companies and performance for investors. Carlyle employs more than 2,500 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

About Blackline Safety

Blackline Safety is a connected safety technology company that provides wearable devices, personal and area gas detection, cloud-connected software and data analytics for organizations operating in industrial environments. The Company’s solutions are designed to support worker protection, incident response and operational visibility. Further information is available at www.blacklinesafety.com.

About Francisco Partners

Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch over 25 years ago, Francisco Partners has invested in over 500 technology companies, making it one of the most active and longstanding investors in the technology industry. With over $75 billion in capital raised to date, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, please visit franciscopartners.com.

 

Media Contacts

Prosek for Carlyle

Ben Howard

Bhoward@prosek.com

914-552-4281

Blackline Safety Corp.

Christine Gillies, Chief Product & Marketing Officer

cgillies@blacklinesafety.com

+1-403-629 9434

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CVC Liquid Credit prices its seventh new issue CLO of 2025 with the pricing of Cordatus XXXVII

CVC Capital Partners

CVC Credit, the fast growing €48 billion global credit management business of CVC, is pleased to announce that it has successfully priced Cordatus XXXVII (37), a new €400m Collateralised Loan Obligation (“CLO”) vehicle. This is CVC Credit’s seventh new issue CLO of 2025 and twenty seventh when including resets and refinancings.

JP Morgan served as the lead arranger for the vehicle, which has a four-and-a-half-year reinvestment period. More than 65% of Cordatus XXXVII’s assets were sourced prior to pricing.

Quotes

Despite recent market volatility we were pleased to receive strong support for this vehicle from both new and long term investors, reflecting not only our strong track record, but also, and importantly in the current environment, a highly disciplined approach in underwriting to fundamentals.

Guillaume TarneaudPartner and Co-Head of Global Liquid Credit at CVC Credit

Guillaume Tarneaud, Partner and Co-Head of Global Liquid Credit at CVC Credit, said: “We are delighted to announce the successful pricing of Cordatus XXXVII, our seventh new issue globally and fourth in Europe this year. Despite recent market volatility we were pleased to receive strong support for this vehicle from both new and long term investors, reflecting not only our strong track record, but also, and importantly in the current environment, a highly disciplined approach in underwriting to fundamentals.”

CVC’s Liquid Credit business manages €31 billion in assets across more than 70 active funds, managed by a team of around 40 investment professionals in both Europe and the US.

Coller Capital announces U.S. launch of CollerCredit, expanding access to Private Credit secondaries for Wealth investors

Coller Capital

  • Fund provides institutional-grade exposure to diversified, income-oriented private credit

New York, Wednesday, July 16, 2025 – Coller Capital, one of the world’s largest dedicated private market secondaries managers, today announced the U.S. launch of CollerCredit, a fund providing high-net-worth investors access to the growing private credit secondaries market.

Private credit secondaries is a distinct asset class within the broader multi-trillion-dollar private credit market. As the market has matured, a dynamic and expanding secondaries market has emerged, offering investors liquidity in what has traditionally been a long-term investment strategy. Coller Capital was an early mover in credit secondaries, pioneering investments as early as 2008. To date, the firm has committed $10.1 billion to credit secondaries.1

CollerCredit seeks to deliver income, diversification, and downside mitigation along with more frequent liquidity than conventional private credit vehicles. The strategy complements the firm’s broader credit secondaries platform, which recently raised $6.8 billion in its latest fundraising cycle.2 Coller’s credit secondaries group includes 12 specialists within the wider 77-person investment team, making it one of the largest dedicated secondaries investment teams in the industry.

This U.S.-registered vehicle follows the firm’s existing CollerCredit strategy introduced in Luxembourg in 2024 and reflects the firm’s commitment to expanding private market access for wealth investors globally.

 Jake Elmhirst, Partner, Head of Private Wealth Secondaries Solutions and Deputy Head of Capital Formation, said: “The U.S. launch of CollerCredit reflects our commitment to building a secondaries platform for wealth investors wherever they are located. Private credit secondaries are a fast-growing segment of the market, and this fund offers institutional-grade access to a carefully constructed portfolio focused on income, diversification, and capital resilience.”

Michael Schad, Partner, Head of Coller Credit Secondaries, said: “Private credit secondaries represent a significant and expanding opportunity, but accessing it effectively requires deep expertise. Coller has been investing in this space for over 16 years, and we believe our dedicated credit team is well positioned to lead this next phase of its evolution.”

Jon McEvoy, Head of U.S. Private Wealth Distribution, said: “CollerCredit brings together Coller’s long track record in secondaries with a structure designed specifically for the U.S. wealth market. It offers investors access to private credit through a vehicle built for long-term allocation and aligned with the needs of high-net-worth portfolios.”

The fund is structured as a U.S. Registered Investment Company (RIC) and operates as a tender offer fund to provide periodic liquidity. Available to high-net-worth investors, including taxable, tax-exempt, and ERISA-eligible, the fund offers monthly subscriptions, quarterly repurchase offers, as well as simplified 1099 tax reporting and a lower minimum investment than traditional private credit funds.

The fund’s launch marks the next milestone in Coller’s Private Wealth Secondaries Solutions (PWSS) business, which was created in 2023 to expand access to private markets secondaries for high-net-worth investors globally. It follows the 2024 debut of the firm’s Luxembourg-based Private Credit Secondaries SICAV for international private clients.

Since establishing its global private wealth platform in 2023, Coller Capital has raised more than $4 billion across private equity and credit-focused secondaries strategies. The firm currently manages $40 billion in assets and operates from 10 offices across Europe, North America, and Asia-Pacific.1

For more information, visit: www.collercredit.com/us/

 


1. As of June 30, 2025
2. Figure represents capital raised from December 2023 through June 2025

 

An investment in a U.S. Registered Investment Company (“RIC”) entails risks, in particular the risk of an investor losing their invested capital. Prospective investors should conduct independent due diligence in assessing any investment opportunity.

Investors should carefully consider the investment objectives, risks, charges and expenses of Coller Private Credit Secondaries Fund (“CollerCredit”). This and other important information about the Fund are contained in the prospectus. Please read the prospectus carefully before investing. A copy of the Prospectus can be found online.

Potential investors should be aware that an investment in the fund is speculative, involves a high degree of risk, and is suitable only for those investors who have the financial sophistication and expertise to evaluate the merits and risks of an investment in the fund and for which it does not represent a complete investment program. Only investors who can afford a loss of their entire investment should consider an investment. The Fund will make a limited number of investments. Consequently, the aggregate return of the Fund may be substantially adversely affected by the unfavorable performance of even a single investment. Any investment in CollerCredit entails risks, including but not limited to the risk of losing all or part of the amount invested. Past performance is not indicative of future results, and there can be no assurance that the fund will be able to implement its investment strategy or achieve its investment objectives.

Interests in the Fund will be highly illiquid and subject to restrictions on transfer. Any tender offer or redemption by the Fund would have to be approved by its board of directors; it should, therefore, not be assumed that any such offer or redemption would happen at a particular time or at all. An investment in the Fund, unlike a traditional listed closed-end fund, should be considered illiquid. An investment in the Fund is appropriate only for investors comfortable with investing in less liquid or illiquid portfolio investments within an illiquid fund.

Lack of Operating History: Although Coller Capital’s investment team members have had substantial experience, the RIC is a newly formed entity with no or limited operating history upon which to evaluate the RIC’s potential performance. The success of the RIC will substantially depend on the skill and expertise of Coller Capital’s investment team. There can be no assurance that the investment team members will continue to be employed by Coller Capital throughout the life of the RIC.

The fund is distributed by Paralel Distributors LLC. Paralel is unaffiliated with Coller Capital.

Jake Elmhirst and Jon McEvoy are registered representatives of Paralel Distributors LLC.

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