Carlyle seeks to raise as much as $27 billion for latest flagship fund – Bloomberg News

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The firm is in discussions with investors about the size of the fund, according to the report, citing people familiar with the matter. (https://bloom.bg/3hXOVi2)

The fund would be 46% larger than its previous flagship pool from 2018, Bloomberg News said.

Private equity firms in general are amassing huge sums from investors, giving them a chance to look into fresh deals and acquisitions amid soaring valuations of target companies.

PE firm Hellman & Friedman said last Thursday it had closed a $24.4 billion fund, its largest ever.

KKR & Co (NYSE:KKR) raised $18.5 billion in May and Bain Capital secured $11.8 billion in April from outside investors and employees for their flagship North American buyout funds.

Carlyle declined a Reuters request for comment.