Carlyle closes CAP III at $2.55 billion
The Carlyle Group has announced the close of its Carlyle Asia Partners III buyout fund at $2.55 billion, over 40% larger than the preceding $1.8 billion Carlyle Asia Partners II fund, though still below the $4 billion target that CAP III launched with in 2008.
Holding the title for the biggest Asia-targeted fund to close since the advent of the global financial crisis, CAP III tested the waters with LPs, asking them to continue to believe in the buyout megafund...
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