Carlyle closes $989m Japan buyout fund after slog

The US private equity firm's third Japan buyout fund closed after a protracted fundraising exercise that saw it enlist new and existing investors.

Carlyle closes $989m Japan buyout fund after slog

The Carlyle Group has raised 119.5 billion $989 million for its third yen-denominated buyout fund, surpassing its fundraising goal of 100 billion, the private equity firm said on Thursday.

The fund called Carlyle Japan Partners lll will target mid-cap companies across various sectors, the US private equity fund said in a statement. The fund already has already made four investments, a relatively swift pace although the firm's deal pipeline had become backed up.


To continue reading, please login or register for free

Click for more on: private equity | carlyle | japan | acquisitions

Print Edition

FinanceAsia Print Edition