Alternative asset manager The Carlyle Group has closed a USD620m collateralised loan obligation fund, the firm’s fourth new-issue CLO in less than a year.

Carlyle Global Market Strategies CLO2012-4 will invest in corporate leveraged loans and high yield bonds. Wells Fargo arranged the transaction.

Carlyle’s last new-issue CLO fund closed in September at USD615m. The firm closed its first new-issue CLO of the year in March and its second in June, both at USD510m, and has now raised USD2.26bn in new-issue CLOs for the year.