The Carlyle Group Raises $1.1Bn for First Financial Services Fund

Global private equity firm The Carlyle Group has raised $1.1bn for its first financial services fund, Carlyle Global Financial Services Partners (CGFSP).
The Financial Services team focuses on financial services companies around the world, including banks, insurance companies, asset managers and financial service providers.
From offices in New York and Washington, DC, the team reviews a broad range of opportunities around the world.
CGFSP has already made three investments, comprising 30% of its fund. They include:
Bank of N.T. Butterfield & Son Limited (3/2010);
BankUnited (5/2009)
Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (8/2008).

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