Carlyle Secures $20bn for Latest Secondaries Push

Carlyle raises $20bn for latest AlpInvest secondaries fund, co-investments

Carlyle's AlpInvest secondaries arm has raised $20bn of new capital across its latest flagship fund and co-invest vehicles - marking one of the sector's biggest capital raises to date. The post Carlyle raises $20bn for latest AlpInvest secondaries fund, co-investments appeared first on AltAssets Private Equity News.

Carlyle secures $20bn for latest secondaries push

The Carlyle Group has raised $20bn to deploy into the booming private equity secondaries market, as investors look to offload holdings built up during a slowdown in IPO and M&A activity, according to a report by Reuters. Carlyle’s AlpInvest Partners business collected $15bn for its flagship secondaries vehicle, alongside $3.2bn in co-investment commitments and an additional $2bn from private wealth channels, the firm confirmed. The raise comes a…