Carlyle Group Raises $2.5 Billion for International Energy Deals
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Carlyle Group LP has raised $2.5 billion for an international energy fund as the private equity investor bolsters its oil and gas firepower after the collapse in prices.
Marcel van Poecke, head of Carlyle International Energy Partners, said the Washington-based firm closed the fund after commitments from 160 investors. The new fund, which will invest exclusively outside the U.S., will increase Carlyle’s war chest for energy deals to over $10 billion, the firm said.