Carlyle Alumni Amass $1.2 Billion for Defense, Aerospace Bets
- Brooke Coburn and Adam Palmer founded Capitol Meridian in 2021
- Firm is targeting investments of $50 million to $150 million
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A firm founded by Carlyle Group Inc. alumni gathered more than $1 billion to wager on US government contractors, aerospace and defense companies, underscoring the growing role of private equity firms in shaping the nation’s technology.
Capitol Meridian Partners raised about $900 million for its first fund, exceeding a $650 million target, according to people familiar with the matter. Investors provided an additional $300 million to do deals alongside the Washington-based firm.