2019-070

The Carlyle Group Raises €6.4 billion for Carlyle Europe Partners V

 

  • Leverages Carlyle’s deep regional expertise and global platform to source assets
  • More than 70% larger than previous fund
     

London, UK – Global investment firm The Carlyle Group (NASDAQ:CG) today announced that it has raised €6.4 billion for its latest Carlyle Europe Partners fund, exceeding its target by almost €1.0 billion. In total over 300 investors from 37 countries have made commitments to the new Carlyle Europe Partners V fund.

Carlyle Europe Partners V is managed by a team of 40 professionals across 5 European offices and continues its successful strategy of investing in European upper mid-market opportunities across a wide range of sectors and industries where there is significant potential for business transformation. The fund is the fifth in the Carlyle Europe Partners franchise which over the past twenty-two years has invested €15.2bn in 78 investments across Europe.

Marco De Benedetti  and Gregor Boehm, co-Heads of the Carlyle Europe Partners advisory team, said, “We are both humbled and excited by the strong showing of support and continued confidence from our limited partners. This latest successful fundraise reflects the strength of the Carlyle Europe Partners franchise and we are confident in our team’s demonstrated ability to work alongside companies in Europe to execute on their strategic goals. Our fund leverages Carlyle’s global network, cross-sector expertise and locally embedded teams to drive growth across all our portfolio companies and to create value for our investors and all our key stakeholders.”

Kewsong Lee, Co-CEO of The Carlyle Group said, “Europe continues to be an important strategic market for Carlyle.  In a time of immense complexity and change, our country-specific and sector-driven approach positions us well to find interesting opportunities to partner with management teams and build companies. We want to thank our limited partners for the significant commitment and confidence they have placed in Carlyle for more than 20 years to support the growth of our investment activities throughout the region. “

Carlyle Europe Partners V has already made 5 investments in companies located in Spain, Italy and The Netherlands: Forgital, a manufacturing company producing large forged and machined components for the aerospace and industrial industries; Cepsa, Spain’s largest independent multinational integrated energy company; Nouryon, a market leader in the manufacture of chemical components and solutions; Design Holding, a global high-end interior design group; and Jeanologia, a supplier of cutting-edge environmentally-friendly technologies.

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About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions.  With $223 billion of assets under management as of June 30, 2019, Carlyle’s purpose is to invest wisely and create value on behalf of our investors, portfolio companies and the communities in which we live and invest.  The Carlyle Group employs more than 1,775 people in 33 offices across six continents.
Web: www.carlyle.com

 

Contacts
Rory Macmillan
+44 207 894 1630
roderick.macmillan@carlyle.com