Carlyle bulks up
By Aaron Gray-Block
AMSTERDAM |
Wed Jan 26, 2011 1:31pm EST
AMSTERDAM (Reuters) - Private equity firm Carlyle Group CYL.UL said it would buy Dutch-based private equity fund of funds AlpInvest Partners, Europe's largest, to bulk up its product menu and attract more money from investors.
The deal would make Carlyle the world's largest private equity firm by assets under management, ahead of Blackstone (BX.N), and provide a springboard for AlpInvest Read more [...]