Ready, Fire, Aim! - Mihail's Public Blog: Carlyle Group closing largest venture fund of 2002 at $600M

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Monday, October 7, 2002

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.

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