Unusual Options Activity: The Carlyle Group (CG)

Unusual Options Activity: The Carlyle Group (CG)

Asset manager The Caryle Group (CG) is down over 30% in the past year, with most of that drop occurring in the past few months. One trader sees further downside in the coming weeks. That’s based on the June $32.50 puts. 62,057 contracts traded compared to a prior open interest of 190, for a massive 327-fold rise in volume on the trade. The options have 58 days until expiration, and the buyer paid $2.15 to make the bearish bet. Caryle Group share…

Carlyle credit arm finances Suntera Global

Global investment firm Carlyle’s $192bn Global Credit arm has provided a financing package to Suntera Global, an independent global provider of bespoke fund, corporate, and private wealth services. Founded in 1980, Suntera provides a full suite of professional services to corporates, fund managers, and private clients (including their family offices). Through a comprehensive range of administration, accounting, and governance services, Suntera h…