Carlyle Acquires Remaining 40% of AlpInvest Partners

June 12, 2013

On June 3, 2013, Bloomberg reported that private equity firm The Carlyle Group had agreed to purchase the remaining 40% of AlpInvest Partners, a Dutch investment manager, for 2.8 million shares and €4 million in cash.  Carlyle acquired a 60% stake in AlpInvest in 2011.

On June 3, 2013, Bloomberg reported that the Carlyle Group LP has agreed to purchase the remaining 40% of AlpInvest Partners NV, a Dutch investment manager in which Carlyle acquired a 60% stake in 2011.  Carlyle will pay for the acquisition with 2.8 million shares and €4 million in cash, for an approximate total purchase price of $88 million based on Carlyle’s closing share price on May 31.  AlpInvest has approximately €37 billion in assets under management.

To read our earlier story, please click here.

To read the press release, please click here.


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