AEA Private Debt closes $550m credit continuation vehicle
Private credit platform AEA Private Debt has announced the close of a $550m (£410m) credit continuation vehicle, led by Carlyle AlpInvest.
The continuation vehicle was established to acquire a diversified, income-generating portfolio of first-lien senior secured loans from AEA Private Debt’s 2016 vintage direct lending fund, primarily consisting of loans to sponsor-backed US middle market companies.