Deals
Carlyle Raises $7.1 Billion for Fifth European Buyout Fund
- The fund tops the 3.8 billion euros the firm raised in 2014
- Carlyle Europe collected money from over 300 investors
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Carlyle Group LP has raised 6.4 billion euros ($7.1 billion) for its fifth European buyout fund, exceeding its target by almost 1 billion euros, as investors with an appetite for high returns place cash in private equity.
The private equity firm secured commitments from over 300 investors, the New York-based firm said in a statement Thursday. The fund received commitments of around 190 million euros, or 3% of the total raised, from Carlyle partners and the firm, Marco De Benedetti, co-head of Carlyle Europe Partners said in a telephone interview.