Quick reminder — deadline for Deal of the Year submissions is coming up quick. We need all submissions by Feb. 12, which will give us enough time for our vetting process. To answer a FAQ, we ask for as much information as possible, including financials. We keep all information confidential; in the case of winners, we get back to the firm to find out exactly what info we can use in our write up of the winning deal.
For more information, go here to download the official rules and regs. You can send all submissions to me at email@example.com.
Billions: Carlyle Group found the exit door in private equity last year, according to its fourth quarter and full-year earnings report published today.
The firm invested $6.2 billion in the fourth quarter, and $11.1 billion for full-year 2020, according to its earnings report released today. It raised $1.2 billion in the fourth quarter across its global private equity platform, and $3.5 billion for the full year, the report said.
Carlyle achieved realizations of $3.7 billion in the fourth quarter, and $12 billion over the full year. The firm’s private equity funds that qualified for carried interest appreciated 11 percent in the fourth quarter, and 19 percent for the full year.
Big ‘un: Arcline Investment Management closed its sophomore effort on $2.75 billion, continuing its ability to raise big funds despite its status as a new manager. Arcline closed its first fund on $1.5 billion.
Arcline completed eight platform companies since inception, and 29 add-ons, all in its target segments of recurring revenue businesses in sectors like defense, aerospace, critical infrastructure services, industrial & medical technology, life sciences and specialty materials. Read more here.
That’s it for today. Hit me up with feedback, gossip and tips or whatever at firstname.lastname@example.org or find me on LinkedIn.
Note to Readers: It’s that time of year … for the 21st time, the editors of PE Hub and Buyouts honor exceptional buyouts with our Deal of the Year Awards.
Winners are chosen in seven categories: Deal of the Year, Large-Market Deal of the Year, Middle-Market Deal of the Year, Small-Market Deal of the Year, Turnaround of the Year, International Deal of the Year, and Secondaries Deal of the Year.
Go here for more information and to read about rules and methodology. Also check out past winners. Last year, New Mountain took the crown with its exit of Equian.
If you have additional questions, email Private Equity Editor Chris Witkowsky at email@example.com.