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Carlyle raises $2.5bln international energy fund

With commitments from 160 investors, Carlyle group has closed a new $2.5 billion energy fund, handily beating its targeted close of $1.5 billion and the largest ever first-time in the firm’s history. Well-timed to take advantage of depressed valuations caused by the slump in the price of oil, Carlyle International Energy Partners has already made a number of investments, including Discover Exploration, an oil exploration company focused on Africa.¬† The fund will invest exclusively outside the U.S.

Read more at Bloomberg…

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