U.S. buyout firm Carlyle raises more than $3B to invest in European tech

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U.S. buyout firm Carlyle Group has raised more than three billion euros for a pan-European technology fund that is taking advantage of “pockets of life” in the economy, the co-heads of Carlyle Europe Technology Partners told Reuters .

Carlyle aims to invest in approximately 20-30 companies through the new fund and in most cases will buy a majority stake.

The fund will write equity cheques of up to 250 million euros, resulting in deals from between 100 million euros and 500 million euros in enterprise value, they said.

 

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Reuters The head of Carlyle is deep into ESG idealogy. That will be its undoing.

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