Carlyle Group Said to Raise About $900 Million for Energy Fund
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Carlyle Group LP, the second-biggest manager of alternatives to stocks and bonds, expects to have raised about $900 million for its first international energy fund by the end of this week, a person briefed on the matter said.
Carlyle International Energy Partners LP will be more than halfway to its $1.5 billion target, said the person, who asked not to be identified because the information isn’t public. The fund will invest in oil and gas exploration and production, midstream, oilfield services and refining and marketing in Europe, Africa, Latin America and Asia.