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Carlyle to launch new fund backed by IFC, targeting $1 bn commitment

It will be a 10-year closed-end generalist private equity fund, domiciled in Cayman Islands

T E Narasimhan  |  Chennai 

Carlyle Group

The Carlyle Group, a US-based investment entity, is planning to launch a new fund, to invest in small buyout and late-stage growth capital investments in some countries, including India.

Targeting $1 billion in commitments, will be backed by International Finance Corporation (IFC). It will be a 10-year closed-end generalist private equity fund, domiciled in the Cayman Islands.

Carlyle Asia Growth Partners Fund-V, as it is called, is apparently to look primarily at China and India, and to an extent, South Korea. It is expected to make 15 to 20 investments of a size of $30-75 million each, in high-growth companies that are expected to create new employment opportunities by focusing on middle market growth equity investments. It will focus on small-cap and mid-cap companies that need growth capital.

The proposal is for to make an equity investment of up to $25 million in the fund, not to exceed 20 per cent of total fund commitments. Their participation, said IFC, would encourage other investors in currently challenging money-raising environment, with institutional investors' reduced risk appetite for emerging markets.

said it would also look at whether it could participate in co-investment opportunities alongside the fund.

Carlyle had $158 billion in assets under management (AUM) across 113 active funds and 168 fund-of-funds, as of end-December. In emerging markets, it managed seven private equity fund families, with total of $11 bn as of that date.
 

Investments by Carlyle
Year No. Of Deals Amount (US$)
2015 3 372
2014 1 33
2013 5 168
2012 6 70
2011 8 96
2010 1 22
2009 2 5
2008 1 19
2007 4 714
2006 4 57
2004 2 19
2003 2 7
2002 1 4
2001 1 8
2000 3 9
     
     
Top Investments by Carlyle 2000-2015
Company Amount(US$M) Date
HDFC 660 Jul-07
Destimoney 200 Feb-15
Medanta Medicity 161 Dec-13
Metropolis Healthcare 128 Sep-15
Dee Development Engineers 44 Aug-15

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Carlyle to launch new fund backed by IFC, targeting $1 bn commitment

It will be a 10-year closed-end generalist private equity fund, domiciled in Cayman Islands

The Carlyle Group, a US-based investment entity, is planning to launch a new fund, to invest in small buyout and late-stage growth capital investments in some countries, including India. Targeting $1 billion in commitments, will be backed by International Finance Corporation (IFC). It will be a 10-year closed-end generalist private equity fund, domiciled in the Cayman Islands.Carlyle Asia Growth Partners Fund-V, as it is called, is apparently to look primarily at China and India, and to an extent, South Korea. It is expected to make 15 to 20 investments of a size of $30-75 million each, in high-growth companies that are expected to create new employment opportunities by focusing on middle market growth equity investments. It will focus on small-cap and mid-cap companies that need growth capital.The proposal is for IFC to make an equity investment of up to $25 million in the fund, not to exceed 20 per cent of total fund commitments. Their participation, said IFC, would encourage other .

The Carlyle Group, a US-based investment entity, is planning to launch a new fund, to invest in small buyout and late-stage growth capital investments in some countries, including India.

Targeting $1 billion in commitments, will be backed by International Finance Corporation (IFC). It will be a 10-year closed-end generalist private equity fund, domiciled in the Cayman Islands.

Carlyle Asia Growth Partners Fund-V, as it is called, is apparently to look primarily at China and India, and to an extent, South Korea. It is expected to make 15 to 20 investments of a size of $30-75 million each, in high-growth companies that are expected to create new employment opportunities by focusing on middle market growth equity investments. It will focus on small-cap and mid-cap companies that need growth capital.

The proposal is for to make an equity investment of up to $25 million in the fund, not to exceed 20 per cent of total fund commitments. Their participation, said IFC, would encourage other investors in currently challenging money-raising environment, with institutional investors' reduced risk appetite for emerging markets.

said it would also look at whether it could participate in co-investment opportunities alongside the fund.

Carlyle had $158 billion in assets under management (AUM) across 113 active funds and 168 fund-of-funds, as of end-December. In emerging markets, it managed seven private equity fund families, with total of $11 bn as of that date.
 

Investments by Carlyle
Year No. Of Deals Amount (US$)
2015 3 372
2014 1 33
2013 5 168
2012 6 70
2011 8 96
2010 1 22
2009 2 5
2008 1 19
2007 4 714
2006 4 57
2004 2 19
2003 2 7
2002 1 4
2001 1 8
2000 3 9
     
     
Top Investments by Carlyle 2000-2015
Company Amount(US$M) Date
HDFC 660 Jul-07
Destimoney 200 Feb-15
Medanta Medicity 161 Dec-13
Metropolis Healthcare 128 Sep-15
Dee Development Engineers 44 Aug-15

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Business Standard
177 22

Carlyle to launch new fund backed by IFC, targeting $1 bn commitment

It will be a 10-year closed-end generalist private equity fund, domiciled in Cayman Islands

The Carlyle Group, a US-based investment entity, is planning to launch a new fund, to invest in small buyout and late-stage growth capital investments in some countries, including India.

Targeting $1 billion in commitments, will be backed by International Finance Corporation (IFC). It will be a 10-year closed-end generalist private equity fund, domiciled in the Cayman Islands.

Carlyle Asia Growth Partners Fund-V, as it is called, is apparently to look primarily at China and India, and to an extent, South Korea. It is expected to make 15 to 20 investments of a size of $30-75 million each, in high-growth companies that are expected to create new employment opportunities by focusing on middle market growth equity investments. It will focus on small-cap and mid-cap companies that need growth capital.

The proposal is for to make an equity investment of up to $25 million in the fund, not to exceed 20 per cent of total fund commitments. Their participation, said IFC, would encourage other investors in currently challenging money-raising environment, with institutional investors' reduced risk appetite for emerging markets.

said it would also look at whether it could participate in co-investment opportunities alongside the fund.

Carlyle had $158 billion in assets under management (AUM) across 113 active funds and 168 fund-of-funds, as of end-December. In emerging markets, it managed seven private equity fund families, with total of $11 bn as of that date.
 

Investments by Carlyle
Year No. Of Deals Amount (US$)
2015 3 372
2014 1 33
2013 5 168
2012 6 70
2011 8 96
2010 1 22
2009 2 5
2008 1 19
2007 4 714
2006 4 57
2004 2 19
2003 2 7
2002 1 4
2001 1 8
2000 3 9
     
     
Top Investments by Carlyle 2000-2015
Company Amount(US$M) Date
HDFC 660 Jul-07
Destimoney 200 Feb-15
Medanta Medicity 161 Dec-13
Metropolis Healthcare 128 Sep-15
Dee Development Engineers 44 Aug-15

image
Business Standard
177 22