Sunday, 26 April 2015
Last updated 1 day 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…