Carlyle Closes Europe Fund

The Carlyle Group has closed its third European buyout fund with $7 billion in capital commitments. The firm's first European buyout fund closed in 1998 with EUR 1 billion, while its next one closed on EUR 1.8 billion in 2005. It has invested EUR 3.7 billion to date in European buyouts, and returned EUR 7.2 billion to limited partners. As of today, Carlyle manages 55 active funds with $75.6 billion in commitments. www.carlyle.com