Global investment firm The Carlyle Group has raised EUR6.4 billion (US$7.09 billion) for its latest Carlyle Europe Partners fund, exceeding its target by almost EUR1.0 billion (US$1.11 billion). In total over 300 investors from 37 countries have made commitments to the new Carlyle Europe Partners V fund.

The new Fund is managed by a team of 40 professionals across 5 European offices and continues its successful strategy of investing in European upper mid-market opportunities across a wide range of sectors and industries where there is significant potential for business transformation. The fund is the fifth in the Carlyle Europe Partners franchise which over the past twenty-two years has invested EUR15.2 billion (US$16.84 billion) in 78 investments across Europe.

Carlyle Europe Partners V has already made 5 investments in companies located in Spain, Italy, and The Netherlands: Forgital, a manufacturing company producing large forged and machined components for the aerospace and industrial industries; Cepsa, Spain’s largest independent multinational integrated energy company; Nouryon, a market leader in the manufacture of chemical components and solutions; Design Holding, a global high-end interior design group; and Jeanologia, a supplier of cutting-edge environmentally-friendly technologies.