Deals
Carlyle Targets $2 Billion for Americas Growth Equity Fund
- Fund led by Adam Palmer will focus on mid-size deals
- Growth equity, large buyout teams are now aligned by sector
Photographer: Dong Wenjie/Moment RF via Getty Images
This article is for subscribers only.
Carlyle Group Inc. is seeking to raise as much as $2 billion for a fund dedicated to mid-size private equity deals in North America, according to people with knowledge of the matter.
The Carlyle Growth Equity Fund will focus on opportunities in the U.S. and Canada, said the people, who asked not to be named because the information isn’t public. The alternative asset manager hasn’t formally launched fundraising efforts for the vehicle, one of the people said.