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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.