Carlyle (CG) Delays 6th Asia Fund Close as Japan Pool Hits Demand

The Carlyle Group Inc. (CG) has delayed the closing of its latest pan-Asian buyout fund. According to Bloomberg, this delay occurred as investors were increasingly directing their interest and capital into other Japan-focused funds. CG has sought an extension to finalize its sixth regional buyout fund, which was launched more than two years ago and has only managed to secure $3 billion in commitments below its initial target of$8.5 billion. Typically, raising such funds takes around 18 months. The slower-t ...