Carlyle raises $18.5b mega-fund, its biggest to date

Carlyle raises $18.5b mega-fund, its biggest to date

A general view of the lobby outside of the Carlyle Group offices in Washington, May 3, 2012. REUTERS/Jonathan Ernst

Carlyle Group LP closed its biggest fund yet, raising $18.5 billion as money pours into the private equity industry from investors seeking the high returns it has historically delivered.

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