Carlyle Closes Above-Target 3.12 Billion Fund for European Buyouts

Private Equity Giant Targets Tech Investments Amidst Unstable Economy

Buyout firm Carlyle Group Inc. has successfully raised over €3 billion (USD 3.12 billion) for its latest European technology fund, Carlyle Europe Technology Partners V.

Despite challenging economic headwinds, the fund, which held its final close in June 2023, surpassed its initial target and is poised to invest in promising tech companies across Europe. Led by a team of 40 professionals operating from five European offices, the fund continues the firm's successful buyout strategy.

Carlyle's confidence in the European tech sector is evident in the fund's substantial size. The €3.12 billion raised is a testament to the firm's ability to identify and capitalize on investment opportunities, even during periods of uncertainty.

Key Fund Details

• Fund Name: Carlyle Europe Technology Partners V
• Vintage Year: 2022
• Domicile: Luxembourg
• Investment Strategy: Buyouts in European technology companies
• Fund Size: €3.12 billion (USD 3.12 billion)
• Final Close: June 2023
• Management Team: 40 professionals across 5 European offices

The fund's success is a reflection of Carlyle's strong track record in private equity investments and its commitment to supporting the growth of innovative businesses in Europe.