Carlyle Secured Lending (CGBD) Earnings Call
The Motley Fool
by newsfeedback@fool.com (Motley Fool Transcribing)February 25, 2026
AI-Generated Deep Dive Summary
Carlyle Secured Lending (CGBD) recently reported its earnings call highlights, emphasizing record-breaking originations and strategic shifts toward diversification and yield. The company deployed over $1.2 billion in investments throughout the year, with a standout fourth quarter exceeding $400 million in funding. This reflects not only growth but also a robust pipeline of investment opportunities. A notable highlight was the launch of the SCP (Structured Credit Partners) joint venture, which aims to utilize non-qualifying assets for fee-free returns through four CLO issuances annually, targeting up to $7 billion in managed assets. Additionally, Carlyle's Middle Market Credit Fund (MMCF) continues to perform strongly with a 15% dividend yield and equity commitments increased by $85 million.
The company’s portfolio demonstrated strong performance metrics, including zero defaults in its software lending segment over five years, with revenue and EBITDA growth averaging 8% and 20%, respectively. Portfolio quality remained stable, with non-accruals at a low 1.2% of investments by fair value. This stability was further supported by steady leverage levels, both on a
Verticals
financeinvesting
Originally published on The Motley Fool on 2/25/2026