Buyout Firm Taps Into Growing Tech Sector

Carlyle Group Raises €3.12 Billion for European Technology Fund

Buyout Firm Taps into Growing Tech Sector

Key Points:

• Carlyle Europe Technology Partners V raises €3.12 billion.
• Fund will invest in technology companies across Europe.
• Carlyle Group manages the fund from Luxembourg.

Buyout firm Carlyle Group has successfully raised €3.12 billion for its pan-European technology fund, Carlyle Europe Technology Partners V.

The fund, which held its final close in June 2023, exceeded its target size and will focus on investing in technology companies across Europe.

Carlyle Europe Technology Partners V is managed by a team of 40 professionals operating out of five European offices.

The fund will continue Carlyle's successful strategy of investing in growth-oriented technology companies.

Carlyle Group Managing Director and Co-Head of European Technology Partners, Patrick McCarter, said, "We are pleased with the strong demand for Carlyle Europe Technology Partners V, which reflects the continued growth and innovation in the European technology sector."

The Carlyle Group is a global investment firm with a strong track record in technology investing.

The firm has invested over $10 billion in European technology companies since 2010.

Carlyle's investment in European technology reflects the growing importance of the sector.

According to a report by Invest Europe, European technology companies raised a record €100 billion in venture capital funding in 2021.

This growth is expected to continue in the coming years, driven by the increasing adoption of digital technologies.

The Carlyle Europe Technology Partners V fund is well-positioned to capitalize on this growth and generate strong returns for its investors.