Global alternative asset manager The Carlyle Group announced it has raised $308m for Carlyle Peru Fund, L.P. and its parallel vehicles, extending the group’s South America investments.
The Fund will be invested by Carlyle in consultation with Credicorp, Peru’s largest bank, across industries including healthcare, retail and consumer, services to mining, construction and infrastructure businesses, and education. Carlyle opened its Lima office last year and now has four full-time investment advisory professionals based there.
The $308m Peru fund joins the nearly $1bn raised by Carlyle for two investment funds dedicated to buyouts in South America and Brazil, which have invested in six companies under the direction of a team based in Sao Paulo, Brazil.
