Carlyle Tactical Private Credit Fund 8-K

What Happened

• On February 18, 2026, Carlyle Tactical Private Credit Fund filed an 8-K (Item 8.01) disclosing it is currently conducting a private offering of preferred stock to certain institutional investors. The filing states there are no assurances about the terms of the offering or how much capital, if any, the Fund will raise. The Fund noted that any preferred stock issued would have a leveraging effect on its portfolio and would magnify the potential for losses.
• The filing also explains that, under the Investment Company Act of 1940 (as amended), the Fund is permitted to incur greater effective leverage through preferred stock than through debt, which the Fund says further heightens the risk of incurring additional losses from its use of leverage. The 8-K was signed by Joshua Lefkowitz, Chief Legal Officer.

Key Details

• Private offering of preferred stock to certain institutional investors (no public offering disclosed).
• No assurances on offering terms or on amount of capital to be raised.
• Preferred stock issuance would increase effective leverage and magnify potential losses.
• Filing date: February 18, 2026; signatory: Joshua Lefkowitz, Chief Legal Officer.

Why It Matters

• For investors, preferred stock issuance can change the Fund’s capital structure and risk profile: increased leverage can amplify both gains and losses and may increase volatility of net asset value and returns.
• The filing contains no financial terms or timetable, so there is uncertainty about how significant any capital raise would be and when effects would occur. Existing and prospective investors should watch for subsequent disclosures with offering terms and any changes to the Fund’s leverage, distributions, or risk statements.