(Boursier.com) — Carlyle Group would struggle to raise the $22 billion it had targeted as its biggest fund, the Financial Times reported on Wednesday, citing three sources that said the March 2023 deadline is unlikely to be met. The firm is said to have asked its investors for an extension until the end of August because it is expected to miss this March 2023 target to raise funds, the FT indicates. The report, quoting one of the people, said Carlyle had so far raised around $17 billion for the fund. The company has also raised more than three billion euros ($3.2 billion) for a pan-European technology fund, recalls Reuters. In August, the agency also reported, citing sources, that Carlyle was exploring a new $8.5 billion Asia-focused fund that was aiming for its first close within two months.
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