Carlyle Group closing largest venture fund of 2002 at $600M
Wall Street Journal story (subscription required) about the largest venture fund of 2002:
At a time when many venture capitalists are returning uncommitted capital to investors, Carlyle Group Wednesday will announce the final close of a $600 million venture-capital fund, Carlyle Venture Partners II LP.
The fund is the largest venture-capital fund raised so far this year, according to VentureWire, an industry tracker. Earlier in the year, Prism Venture Partners of Westwood, Mass., closed a fund at $421 million and Centennial Ventures of Denver closed a $341 million fund.