Carlyle in Talks to Buy AlpInvest

Buyout shop the Carlyle Group is in talks to buy Dutch private equity firm AlpInvest Partners, Reuters reported. A deal for AlpInvest, which has more than $52 billion under management, could be reached by the first quarter of 2011, Reuters said. Washington, DC-based Carlyle is one of the world's largest buyout firms with $97.7 billion under management. News of the talks was first reported by Bloomberg.

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