Carlyle & amicaa Provide Debt Financing to RØDE

Sydney, Australia, December 4, 2023 – Global investment firm Carlyle (NASDAQ: CG) and amicaa today announced that they have provided debt financing to The Freedman Group, the parent company of RØDE. The debt financing will be used to support RØDE’s growth and international expansion, including funding its acquisition of Mackie, an international designer and manufacturer of pro-audio products. The transaction was arranged by funds managed by Carlyle’s Global Credit platform and amicaa, its funds’ Australia joint venture partner. RØDE is a global leading designer and manufacturer of audio technology with products spanning filmmaking to home studio and podcasting. Founded in 1967, RØDE’s products are now exported to 118 countries globally with sales totalling more than 2.5 million units in 2021. The company has an international team of more than 450 people across highly skilled disciplines including audio and acoustics engineering, electronics engineering, robotics and injection-mould technology. Taj Sidhu, Head of European and Asian Private Credit at Carlyle and David Hoskins, Head of Private Debt at amicaa, commented, “Through our Australia joint venture, we are excited to support RØDE, a multi-generational founder-owned business that has a relentless focus on innovation and quality, and we look forward to supporting the company in its next stage of growth. This transaction, which we believe represents one of the largest private credit deals in Australia in the past year, is a testament to the combined strengths of the deep local knowledge and relationships of amicaa and Carlyle’s Global Credit platform.” “We are grateful for the support of Carlyle and amicaa. This financing transaction marks a significant milestone in our growth trajectory and international expansion, as well as our long-term sustainability goals,” said Peter Freedman AM, Founder and Chairman of RØDE. Carlyle Global Credit manages $150 billion in assets as of September 30, 2023. It is an active provider of private credit solutions across the capital structure, including senior secured loans, unitranche loans, and junior debt. About Carlyle Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $382 billion of assets under management as of September 30, 2023, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,200 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle About amicaa amicaa is a specialist investment management and corporate advisory business. Its investment management arm manages capital for institutional and wholesale investors seeking attractive income-oriented returns from Australian and New Zealand private debt investments. Its corporate advisory arm provides independent advice to companies when making important strategic decisions, such as strategic mergers, acquisitions and joint ventures or raising equity capital. Further information is available at www.amicaa.co. Carlyle Global Credit and amicaa entered into a Joint Venture arrangement covering opportunities in Australia and New Zealand in August 2022. For more information, visit amicaa.co or email us at [email protected]
amicaa Welcomes Antoine Pfirsch as Managing Director, Private Debt

amicaa is pleased to welcome Antoine Pfirsch as Managing Director to its recently launched Private Debt investments business. Antoine joins amicaa and brings to the team more than 14 years of experience investing in credit and special situations across capital structures in the Asia Pacific. Antoine will support David Hoskins in the sourcing and management of transactions, with a particular focus on the Credit Opportunities strategy. David Wood, Chief Executive Officer of amicaa welcomed Antoine, saying “We are delighted to have Antoine join amicaa. Antoine brings an extensive relationship network and deep expertise in the analysis, selection and management of private debt investments which will further enhance amicaa’s on-the-ground investment capabilities.” Prior to amicaa, Mr Pfirsch was Managing Director at Realside Capital, a private credit manager focused on special situations and opportunistic financings in Australasia. This followed more than nine years with Anchorage Capital Group, where he was responsible for sourcing, assessing, executing and managing special situations credit and equity investments in the Asia Pacific region. Earlier in his career, Mr Pfirsch gained experience in credit and special situations investing with Shearwater Capital, Goldman Sachs and ABN AMRO. “I am very excited to join the amicaa investments team. Non-bank lending is growing in Australasia and the amicaa Private Debt platform is well-placed to deliver superior outcomes for borrowers and investors. The platform combines the strong local expertise of the amicaa team with the global investment insights and resources of Carlyle’s US$146bn credit platform” Antoine Pfirsch said. About amicaa For more information, visit amicaa.co or email us at [email protected]
Carlyle Global and amicaa form private credit joint venture in Australia and New Zealand

The partnership will capitalize on growing private credit opportunities in the countries, underscoring the growth potential Carlyle sees in the local Australian and New Zealand markets. This has come as Australian banks shift their focus away from corporate lending, with companies now increasingly seeking out private capital to fund acquisitions and other growth initiatives. In addition, private equity sponsors are increasingly seeking the flexibility and tailored debt facilities offered by private credit providers. Global investment firm Carlyle (NASDAQ: CG) announced today that funds managed by its Global Credit platform and Australia-based credit investment firm amicaa have formed a joint venture to invest and manage a diversified portfolio of opportunistic private debt investments in Australia and New Zealand. The joint venture combines the deep local knowledge and relationships of the amicaa team with the strong investment management expertise and investor relationships of Carlyle’s global credit platform. amicaa’s local team will source opportunities on the ground and Carlyle will provide access to the investment tools, processes and specialist resources of its US$143 billion global credit platform and representation on the investment committee. The platform will manage two primary strategies. The amicaa Direct Lending strategy, designed in collaboration with local superannuation and private wealth investors, will focus on delivering stable, income-oriented returns from Australian and New Zealand corporate loan investments. The amicaa Credit Opportunities strategy, which will focus on providing financing solutions to companies going through transition – acquisitions, growth or refinancing – where a tailored capital package is required outside of the normal course of business. amicaa, formed in 2019, is led and managed by its local founders, including David Wood, Chief Executive Officer and Cathy Hales, Executive Director, with David Hoskins joining the firm as co-founder and Head of Private Credit. David Hoskins’ most recent role was with CIP Asset Management, where he was Head of Acquisition and Leveraged Finance Investments, managing credit investments for the Challenger Group for 14 years. Carlyle’s activity in the partnership will be led by Taj Sidhu, Managing Director with Carlyle Global Credit, and Jay Ditmarsch, a member of the Carlyle Credit Opportunities team within Carlyle’s Global Credit platform. Taj Sidhu said, “We are excited to be partnering with amicaa to form a joint venture that combines the deep local knowledge and extensive relationships of the amicaa team with the strong investment management expertise and investor relationships of Carlyle’s global credit platform. We see a multi-billion dollar opportunity to deploy capital in Australia and New Zealand, a structurally growing market, and look forward to working with the amicaa team to build out the long-term growth of the business.” David Wood said, “We are delighted to be partnering with a high calibre partner such as Carlyle, where we have shared values and an alignment on prioritising the interests of investors. Our mission at amicaa is to help investors access attractive returns from the private debt market and we are pleased to be able to do this with the support and depth of Carlyle’s global credit platform. We see the Australia and New Zealand private debt opportunity as both substantial and fast growing, and as such, we look forward to a long-standing and successful partnership with Carlyle.” Carlyle will invest capital from its Credit Opportunities strategy, which has deployed over US$8 billion globally since its inception in 2017. It forms part of Carlyle Global Credit, which has been Carlyle’s fastest growing business and manages US$143 billion of assets as of June 30, 2022. About Carlyle Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $376 billion of assets under management as of June 30, 2022, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 1,900 people in 26 offices across five continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle. Carlyle Global Credit is Carlyle’s credit investment arm with $143 billion of assets under management as of June 30, 2022. The group’s investment strategies span the private credit spectrum: liquid credit, illiquid credit and real assets credit. Since 1999, Carlyle has provided creative solutions for borrowers and delivered attractive performance for investors by drawing on the deep credit expertise and disciplined underwriting capabilities of our over 200 investment professionals and by leveraging the resources and industry expertise of Carlyle’s global network. Media contacts Lonna LeongHead of Carlyle Asia Pacific Corporate CommunicationsMobile: +852 9023 1157Email: [email protected] Sue CatoCato and CliveMobile: + 61 (0) 419 282 319Email: [email protected] About amicaa For more information, visit amicaa.co or email us at [email protected]