Arsenal Capital Partners Seeks $3bn for Sixth Fund

Arsenal Capital Partners Seeks $3bn for Sixth Fund

Lower midmarket private-equity firm Arsenal Capital Partners aims to raise at least $3bn for its sixth fund, according to people familiar with the fundraising effort. If the firm reaches its fundraising target, the new fund would be 27% larger than its predecessor...
Carlyle’s second-quarter earnings double on asset sales

Carlyle’s second-quarter earnings double on asset sales

U.S. buyout firm Carlyle Group said on Thursday its second-quarter distributable earnings nearly doubled following a sharp rise in asset divestments in its private equity and secondary market portfolios. Carlyle joins peer Blackstone Group Inc in reporting such strong...