Carlyle Group Inc is looking to raise $22bn for its eighth flagship private equity fund, Bloomberg News reported on Monday, citing people familiar with the matter.
About $2bn would be earmarked for growth and technology-focused companies and will include strategies in retail, health care, aerospace and defense, the report said.
Large buyout firms are ramping up and preparing to launch new funds to invest in various types of assets. Blackstone Group Inc, which closed its inaugural growth equity fund at $4.5bn last month, has focused its investments on several sectors including financial services, healthcare and enterprise and consumer technologies.
Carlyle did not immediately respond to a request for comment.
Source: Reuters
Can’t stop reading? Read more
Levine Leichtman Capital Partners joins forces with SYNERGY HomeCare to accelerate nationwide growth
Levine Leichtman Capital Partners announced its acquisition of SYNERGY HomeCare Franchising, a...
Investcorp to manage $110m private equity mandate for Malaysia’s KWAP
Investcorp has been chosen by Kumpulan Wang Persaraan (KWAP), one of Malaysia’s largest pension...
Ardian closes €3.2bn fund to drive growth in European mid-cap companies
Ardian, the French private equity firm, has closed its latest mid-cap growth fund, Ardian...