Carlyle raises $2.3bn

The firm closes its fourth Japan-focused buyout fund.

The Carlyle Group held a final close of Carlyle Japan Partners IV on $2.3 billion (JPY 285bn), doubling the size of Carlyle’s previous fund, Carlyle Japan Partners III. The fundraise was accompanied by the closing of a dedicated co-investment vehicle, Carlyle Japan Partners IV Co-Investment, though the size was not disclosed.