The Carlyle Group Closes Tech Fund, at €1.35 Billion

CarlyleGroupThe Carlyle Group (NASDAQ:CG), a global alternative asset manager, closed a €1.35 billion tech fund.

CETP IV received support from limited partners across the world, including sovereign wealth funds, public & corporate pensions, insurance companies, fund of funds, foundations, family offices and high net worth individuals.

The fund invests in lower middle market technology-focused lower middle market companies in Europe and the U.S., leveraging the experience of a transatlantic 19-person team. Since inception, Carlyle has invested $16.2 billion in 193 investments within technology, media and telecommunications (TMT) as part of its Corporate Private Equity segment, which has assets under management of $82 billion and 294 investment professionals.

CETP IV’s team is led by Michael Wand and Vladimir Lasocki, Managing Directors and Co-Heads.

The Carlyle Group is a global alternative asset manager with $212 billion of assets under management across 339 investment vehicles as of September 30, 2018. The firm invests across four segments – Corporate Private Equity, Real Assets, Global Credit and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. It has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.
The group employs more than 1,625 people in 31 offices across six continents.



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