Saturday, 1 August 2015
Last updated 13 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…