Size Confusion Over Carlyle’s Financial Services Fund

UPDATE: Confusion Solved! See below. The Carlyle Group is raising a fund dedicated to financial services, as previously noted by peHUB. The operation, called Carlyle Global Financial Services Partners, started around June of this year. Yesterday CalPERS reported it had committed $150 million to the effort. According to the CalPERS document, the fund has closed on more than $600 million and “is targeting a final size in excess of $1 billion.” That doesn’t exactly match up with

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