Asia fundraising: Big beasts
And just like that, it was done. This week The Carlyle Group closed its fourth Asian fund, drawing a line under a three-year process that has seen nearly all of the largest global and Asia-based private equity firms raise their first regional vehicles since before the global financial crisis.
Starting with Bain Capital Asia II, which reached a final close in July 2012, roughly one year after launch, eight firms have raised $27.2 billion between them. In addition to Bain and Carlyle, they include...
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