Carlyle Raises A New $13 Billion War Chest For U.S. Buyouts

Global alternative asset manager The Carlyle Group LP (NASDAQ:CG) today announced the final close of a $13 billion fund for leveraged buyouts in the U.S.

The new fund would invest in corporate buyouts and strategic minority investments across six industries.

First fund since 2008

Carlyle Group LP (NASDAQ:CG)’s new Carlyle Partners VI is the first such fund since 2008. Over 269 investors from 43 countries committed capital to the fund. Carlyle’s team began fundraising in late 2011 with a $10 billion target.

The alternative asset manager’s previous U.S. buyout fund was the $13.7 billion Carlyle Partners V which closed at the end of 2008. Some...