Carlyle is still bullish on Asia, despite slow-down, raising funds for buy-outs

Carlyle Group Historical Logo

Carlyle Group Historical Logo (Photo credit: Wikipedia)

Private Equity International (PEI) reports that Carlyle is still bullish in Asia. PEI reports Carlyle CEO, David Rubenstien is optimistic about investment opportunity in the region despite slowing GDP growth, as the firm raises Asia and Japan-focused buyouts fund. While globally private equity is having a hard time raising funds, PEI earlier reported that SouthEast Asia is bucking the global trend, and private equity business was expanding. The Carlyle Group is a global alternative asset manager with more than $180 billion in assets under management across 118 funds and 81 fund of funds vehicles. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 1,400 professionals operating in 34 offices in North America, South America, Europe, the Middle East, North Africa, Sub-Saharan Africa, Japan, Asia and Australia.

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