Jun
20
Carlyle Raises $6.55 Billion for Fifth Asia Buyout Fund
ByNew fund would target technology, consumer and other sectors across Asia-Pacific
U.S. private-equity firm Carlyle Group LP raised $6.55 billion for a new fund aimed at investing across the Asia-Pacific region in technology, consumer and other sectors, many of which are powered by a quickly ascendant middle class.
The Washington firm has closed its fifth Asia buyout fund, which surpassed its target of $5 billion, said X.D. Yang, chairman of Carlyle Asia ex-Japan and co-head of Asia buyout, in an interview. The fund is 68% larger than the firm’s fourth buyout fund, which closed in 2014 at $3.9 billion. That…
Carlyle Raises $6.55 Billion for Fifth Asia Buyout Fund
