The Carlyle Group (NASDAQ: CG), a global alternative asset manager, raised a $308m fund dedicated to Peru.
Carlyle Peru Fund, L.P., will be invested across industries including healthcare, retail and consumer, services to mining, construction and infrastructure businesses, and education.
Carlyle, which opened its Lima office last year, will work in consultation with Credicorp, Peru’s largest bank. The firm’s country team is led by Principal Marco Peschiera.
The fund joins the nearly $1bn raised by Carlyle for two investment funds dedicated to buyouts in South America and Brazil, which have invested in six companies under the direction of a team based in Sao Paulo, Brazil.