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WEB Carlyle Europe Technology Partners V Finalizes 2023 Fund

€3.3 Billion Fund to Bolster European Technological Advancements

Luxembourg-Based Fund Aims to Exploit Niche Technology Opportunities

WEB Carlyle Europe Technology Partners V, a 2022 vintage buyout fund managed by The Carlyle Group from Luxembourg, has concluded its final close with an impressive €3.2 billion in capital commitments. The fund, managed by a team of 40 professionals across five European offices, will continue Carlyle's successful strategy of investing in high-growth technology companies.

The fund's final close in June 2023 exceeded its original target size, demonstrating strong investor confidence in Carlyle's expertise in the European technology sector. Carlyle has a long history of successful investments in technology companies, including Spotify, Airbnb, and Uber.

Key Takeaways:

• WEB Carlyle Europe Technology Partners V, managed by The Carlyle Group, has raised €3.2 billion.
• The fund will focus on investing in high-growth technology companies across Europe.
• Carlyle has a strong track record of investing in successful technology companies, including Spotify, Airbnb, and Uber.

The European technology sector is experiencing rapid growth, driven by factors such as the rise of cloud computing, artificial intelligence, and e-commerce. WEB Carlyle Europe Technology Partners V will seek to capitalize on these trends by investing in companies that are well-positioned to benefit from this growth.

The fund's investment strategy will target companies across a range of technology sub-sectors, including software, hardware, and services. Carlyle will focus on companies with strong management teams, innovative products or services, and the potential for significant growth.

Carlyle's investment in WEB Carlyle Europe Technology Partners V demonstrates the firm's commitment to the European technology sector. The fund is expected to play a significant role in supporting the growth of innovative technology companies across Europe.