Carlyle Subsidiary Raises $91M For Open-Ended Fund

Law360, New York (January 4, 2012, 2:56 PM EST) -- A joint venture vehicle of private equity giant The Carlyle Group has raised $91 million from seven investors for a new, open-ended fund, according to documents filed Tuesday with the U.S. Securities and Exchange Commission.

The date of the first sale was Dec. 19 and Carlyle said it planned to close the fund in less than a year, and there is no minimum investment for the fund, the filing said.

Carlyle did not immediately respond to requests for comment.

The firm listed co-founders Daniel D'Aniello, David...
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