| Carlyle Grp raises $1.8 bn for 2nd Asia buyout fund |
| Our Web Bureau / Mumbai July 16, 2006 |
| Global private equity firm The Carlyle Group has raised $1.8 billion for Carlyle Asia Partners II, its second Asia buyout fund. According to an official release issued today, the fund will conduct buyout and control investments in Asia excluding Japan, encompassing Australia, Greater China, India, Korea and Southeast Asia. In the last 12 months, including this new fund, Carlyle has raised a total of $4.8 billion for buyout, growth capital and real estate investments for the region. The Carlyle Asia Buyout Group has made ten investments in Asian companies in a range of sectors including financial services, media and telecommunications, manufacturing and consumer. XD Yang, MD and co-head of Carlyle |
