Alternative asset manager Carlyle Group (Nasdaq: CG) has closed a $610 million collateralized loan obligation (CLO) fund. The Washington, D.C.-based firm says the vehicle, dubbed Carlyle GMS CLO 2015-2, will invest in senior secured bank loans.

The CLO, arranged by Citigroup (NYSE: C), is Carlyle’s second 2015 fund in the U.S., but the third so far since January. The firm has now closed on $1.8 billion in new-issue CLOs globally in 2015 and has issued roughly $9.2 billion since the beginning of 2013.

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