Carlyle Investors Get $6.4B In Q1

Washington-based Carlyle Group has provided more than $6.4 billion to investors in the first quarter.

Washington-based Carlyle Group has provided more than $6.4 billion to investors in the first quarter, Bloomberg reports. The firm allocated $4.5 billion to 12 private equity deals last quarter.

Value of the firm’s private-equity holdings increased 10% in the quarter and 46% in 12 months. The buyout firm is planning to go public this year. In January, Carlyle decided to buy AlpInvest Partners, a Dutch money manager that oversees about $44 billion in private equity funds, to boost asset management in Europe.

Click here for the story from Bloomberg.