Fundraising

The firm is acquiring a 19.9% stake in DSA Reinsurance from AIG in a deal that includes $6bn earmarked for Carlyle funds.

Fund VII is 42% larger than Carlyle's previous flagship, a $13bn 2013-vintage.

Sanjay Gujral will rejoin Indian mid-market firm Everstone Group, where he worked from 2006 to 2011, as COO.

What fund close data tells us about the market – and what it leaves out.

In this three-minute video, fundraising rainmaker Warren Hibbert describes the market forces conspiring to strangle some fundraises and push others over the line.

The pan-Asian firm secured commitments from 60 LPs including Canada Pension Plan Investment Board and Teacher Retirement System of Texas.

The newly-formed Helical Capital Partners will target around $300m for its Global Value Fund 2018 SA, which will be managed by Partners Group.

LPs said on Friday they would sell as much as $900m in stakes, bringing the firm close to its $5bn target for Fund VIII.

The mid-market manager has set a $750m hard-cap for its latest India-focused private equity vehicle.

The vehicle closed on its $350m hard-cap and has a 5% GP commitment.