Carlyle continue private equity fundraising spree in Asia
Carlyle closes third Asia fund corroborating that investors are still bullish on potential for private equity in Asia.
The Carlyle Group announced yesterday that it had closed Carlyle Asia Growth Partners III CAGP. The $668 million fund will continue to invest in growth capital companies across China, India, Japan and Korea.
Carlyle also manages Carlyle Asia Venture Partners I $159 million and II US$164 million, which were launched in 2000 and 2002, respectively. Together, the two earlier funds have invested in 37 companies and realised 12 investments. Globally Carlyle has $39 billion under management and...
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