Carlyle Said to Seek $2 Billion for Mid-Market LBO Fund

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Carlyle Group LP, the world’s second-biggest manager of alternative investments such as private-equity holdings and real estate, is seeking $2 billion to invest in mid-sized U.S. companies.

The Washington-based firm is preparing marketing materials for Carlyle Equity Opportunity Fund II, said two people with knowledge of the plans, who requested anonymity because the information is private. The vehicle follows a $1.1 billion pool that completed fundraising in 2012 and sought investments of $25 million to $150 million in U.S. companies.