Carlyle U.S. Equity Opportunity Fund II Raises $2.4 Billion
Simpson Thacher represented The Carlyle Group L.P. (“Carlyle”) in the establishment of its second private equity fund focused on U.S. middle market buyout investments that require equity capital of $20 million to $200 million per transaction, Carlyle U.S. Equity Opportunity Fund II, L.P. (“CEOF II”). Carlyle has announced that CEOF II raised approximately $2.4 billion of total commitments, which is more than twice the size of the first fund, and that the fund hit its hard cap.
The Simpson Thacher team representing Carlyle included Barrie Covit, Parker Kelsey, Scott Mathias, Matthew H. Leighton, and Naomi Hung (Corporate); Jeanne Annarumma (Executive Compensation and Employee Benefits); and John Creed and Jodi Schneider (Tax).