FILE
PHOTO: A general view of the lobby outside of the Carlyle Group
offices in Washington
Thomson
Reuters

By Sumeet Chatterjee and Kane Wu

HONG KONG (Reuters) – Carlyle Group is set to close its
biggest-ever Asia private equity fund at $6.5 billion, people
with direct knowledge of matter said, in a deal that adds to the
record levels of funds seeking deals in the region.

The private equity giant had initially targeted a fund of $5
billion but raised its expectations following a strong response
from its investors, known as limited partners, said the people.
The fundraising could be completed as early as this month-end,
one of them said, alt…

Read the full article at: http://uk.businessinsider.com/r-carlyle-set-to-close-new-asia-fund-at-65-billion-sources-2018-5