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Carlyle nears €6bn mark for fifth European fund

Carlyle is one of a number of buyout shops pitching European funds with multibillion-euro targets

Carlyle Group is approaching the €6bn mark for its newest European buyout fund, part of a wave of large European funds in the market this year.

The US private equity firm already surpassed the €5bn target for Carlyle Europe Partners V, it revealed on its fourth-quarter earnings call, adding that it had collected nearly €6bn as of the end of that quarter.

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