Carlyle to acquire 18.54% of JIC Leasing

The Carlyle Group said Monday it has agreed to invest $115 million for an 18.54 percent stake in JIC Leasing Co. Beijing-based JIC is a financial leasing company in China that targets leasing equipment in sectors such as information technology, advanced equipment manufacturing as well as healthcare, environment and alternative energy. Equity for the investment is coming mainly from Carlyle Asia Growth Partners IV.

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