Carlyle Secured Lending, Inc. 8-K

What Happened
Carlyle Secured Lending, Inc. (NASDAQ: CGBD) filed a Form 8-K (Item 7.01) on Feb 13, 2026 announcing the formation of Structured Credit Partners JV, LLC (“SCP”), a joint venture with Carlyle Credit Solutions, Sixth Street Specialty Lending, Inc. (NYSE: TSLX) and Sixth Street Lending Partners. SCP will invest in broadly syndicated first‑lien senior secured loans financed by long‑term, non‑mark‑to‑market, predominantly investment‑grade CLO debt. The joint venture is initially capitalized with $600 million of equity commitments.

Key Details

• Initial equity commitments: $600 million total (allocation: 25% Carlyle Secured Lending, 25% Carlyle Credit Solutions, 33% Sixth Street Specialty Lending, 17% Sixth Street Lending Partners).
• Structure: Each CLO will be wholly owned by SCP and managed by an affiliate of either Carlyle or Sixth Street; SCP governance is shared equally and material decisions require unanimous approval.
• Management/fees: SCP and the underlying CLOs will not be charged management or incentive fees at the JV level, a feature the filing says is expected to be accretive to return on equity.
• Experience cited: Carlyle and Sixth Street together have over 35 years of CLO management experience and ~ $60 billion in current CLO assets across ~130 CLO vehicles.

Why It Matters
This joint venture expands CGBD’s exposure to structured credit (CLOs) via a pooled vehicle designed to provide diversified, actively managed corporate loan exposure for BDC shareholders. The $600M capitalization, fee structure, and shared governance could influence CGBD’s future returns and risk profile by providing additional, potentially accretive, investment capacity without incremental JV‑level fees. The filing also contains standard forward‑looking statements and risk cautions; investors should note actual results may differ from expectations.