Carlyle will not ask investors to extend $13.7bn fund

Carlyle Group will not ask investors to extend the investment period for its $13.7bn buyout fund, according to reports.

Launched in 2007, the fund focuses on leveraged buyout transactions in North America. Around 20% of the fund's capital remains uninvested.

Carlyle has more than $156bn in assets under management globally across 99 funds and 63 funds-of-funds.

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