Carlyle Announces Acquisition of $415 Million Private Student Loan Portfolio and Strategic Investment in Monogram

January 24, 2024

https://www.prnewswire.com/news-releases/carlyle-announces-acquisition-of-415-million-private-student-loan-portfolio-and-strategic-investment-in-monogram-302043375.html

NEW YORK and BOSTON, Jan. 24, 2024 /PRNewswire/ — Global investment firm, Carlyle (NASDAQ: CG) today announced the acquisition of a $415 million private student loan portfolio, and strategic investment into Monogram LLC (“Monogram”), a leading provider of finance solutions for students and their families. Led by the former management team of Cognition Financial and backed by Carlyle, Monogram will partner with Carlyle to originate, acquire, and manage high-quality third-party private student loan assets.

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