US buyout firm Carlyle raises over $3 bn to invest in European tech
Washington, DC-based buyout firm The Carlyle Group said it has raised more than €3 billion ($3.12 billion) for a pan-European technology fund. The fund, called CETP V, has exceeded its €2.5 billion target in less than a year of fundraising. It is targeting cybersecurity, digital transformation and cleantech, and software applications for financial services, healthcare and infrastructure.