Carlyle gets $1.1bn for financial services fund

Carlyle Group, the world's second-largest private equity firm, raised $1.1 billion (Dh4bn) for its first fund targeting investments in the financial-services industry. The team, headed by Olivier Sarkozy, half-brother of French President Nicolas Sarkozy, has already invested in three companies, the Washington-based private equity firm said.

 

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