Carlyle Group Inc. kicked off fundraising for its ninth flagship fund, looking to match the $14.8 billion raised by the previous version and show momentum in its buyout group.
The Washington, DC-based firm held a call with investors last week, where it affirmed earlier guidance on the target size for Carlyle Partners IX, according to people with knowledge of the matter, who asked not to be identified discussing confidential information.
The firm is looking to close the first fundraising round by the end of the year and is offering a 15-basis-point discount, or 0.15%, on the management fee for investors ...