Carlyle Group lets investors in 2018 fund cash out to boost newest buyout pool

wsj

4 min read . Updated: 19 Dec 2022, 07:26 PM IST ROD JAMES, The Wall Street Journal

AFP

Investors in Carlyle’s $18.5 billion seventh main fund can sell stakes to secondary investors including Partners Group to prompt investments in the firm’s eighth buyout megafund

Carlyle Group Inc. aims to boost commitments to its latest main buyout fund by helping investors in a predecessor vehicle cash out while asking buyers of those stakes to back the new fund, according to several people with knowledge of the matter.