Monday, July 30, 2018

At $18.5B, Carlyle Group raises more than it ever has before

The Carlyle Group (NASDAQ: CG) has just completed its biggest raise ever. So big, in fact, it had to stop. The D.C.-based global asset manager raised $18.5 billion for Carlyle Partners VII U.S. buyout fund, blowing past its $15 billion target and hitting its hard cap. According to a release, more than 320 investors from 57 countries committed to the fund. Carlyle employees, including its top executives, committed $1 billion alone. Carlyle makes the majority of its investments in the U.S. across…



from https://www.bizjournals.com/baltimore/news/2018/07/30/at-18-5bcarlyle-group-raises-more-than-it-ever-has.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/176454356212

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