Carlyle Closes Second Euro Tech Fund

Nov 4 2008 | 10:46am ET

The Carlyle Group has closed its second European technology fund, Carlyle Europe Technology Partners II, at €530 million (US$677 million).

The fund will invest in small- and mid-cap buyouts focusing on technology companies in the aerospace, transportation, telecommunications and media sectors.

The fund has already completed its first acquisition of a U.K. supplier of equipment and engine components to the aviation industry.

“The close of CETP II demonstrates that investors remain confident in the outlook for established small- and medium-sized technology companies across Europe,” said David Fitzgerald, head of Carlyle Europe Technology Partners.

Carlyle currently manages some US$89.3 billion in total assets.

 


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...