Carlyle Credit Income Fund f/k/a Vertical Capital Income Fund (CCIF; VCIF)

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Carlyle Credit Income Fund f/k/a Vertical Capital Income Fund (“the Fund” or “the Company”) (NYSE: CCIF; VCIF). Investors who purchased the Fund securities are encouraged to obtain additional information and assist the investigation.

The investigation concerns whether the Fund has violated federal securities laws.

Investigation Details:

The investigation pertains to allegations that the Fund may have issued materially misleading business information to the investing public. Specifically, on January 12, 2023, the Fund announced that, if approved by a shareholder vote upon condition that the Fund sell at least 95% of its residential portfolio: (1) the Fund’s investment manager would be replaced by Carlyle Global Credit Investment Management L.L.C.; and (2) the Fund’s investment mandate would change from investing in residential home loans to investing in equity and debt tranches of collateralized loan obligations. Then, on July 11, 2023, the Fund announced that it had sold most of its legacy loan portfolio for “aggregate proceeds lower than the book value of the combined assets…,” and as a result, the Fund had revised its NAV to $8.27 per share. Shortly after this announcement, the Fund’s stock fell $1.45, or 14.7%, to close at $8.45 per share.

What’s Next?

If you are aware of any facts relating to this investigation or purchased the Fund securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

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Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Nathanson

332-239-2660 | [email protected]