Friday, 27 February 2015
Last updated 1 hour ago
Sep 7 2007 | 9:57am ET
Global private equity firm the Carlyle Group has closed its third dedicated European buyout fund at $7 billion.
Carlyle Europe Partners III’s investments will be focused on the firm’s core sectors: aerospace, automotive and transportation, building materials, chemicals, consumer and retail, energy and power, healthcare, industrial, business services, and telecommunications and media.
“The European market is maturing and the investment environment has become more challenging,” said co-founder David Rubenstein. “However, there remain significant opportunities across the continent, and we will continue to apply our conservative philosophy and disciplined investment process in executing deals. Our focus on operational improvement and growing value in companies has delivered extraordinary returns for our investors through good times and bad.”
As of August 28, 2007, Carlyle manages 55 active funds with $75.6 billion in commitments.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…