Chelsea Stevenson
The fundraising effort comes more than a decade after the firm’s Fund III raised $1.75bn.
The firm is expected to break even on its 2007 investment in Nuveen Investments.
The fund raised $1bn on a $750m target and was oversubscribed.
Jeffrey Holland, former COO of US retail at BlackRock, has joined Carlyle’s New York office.
The Dallas-based firm has hired Drew Koecher to focus on leveraged buyouts and recapitalisations.
Principal Jaime Londoño is leading the firm’s investments in Brazil, Colombia, Chile, Mexico and Peru.
The Boston-based firm will invest $350m alongside Glen Senk’s new firm, Front Row Partners.
Gary Amelio will join the $7.6bn retirement system in early May.
John Clark will focus on mid-market investments in the technology and software sectors.
The Canadian private equity firm surpassed its $750m target for its second flagship fund.