Carlyle confident of record $6.5bn

Friday 7 January 2005 at 16:00

Carlyle Group, the US private equity giant, has raised $5bn (€3.8bn) in three months and has lifted the final target of its latest fund to $6.5bn.That figure would be a record raised from external investors.

A source close to the fund raising said the group was confident it could raise the additional $1.5bn by the spring.