Carlyle Group to Consider Investments in Iraq

By John Lee.

American-based private equity firm Carlyle Group is reported to be looking for opportunities in Northern Iraq.

A report from Dow Jones says the move comes as a result of a new $750m fund that the company hopes to raise to invest in the Middle East and North Africa.

The firm, which is expected to begin informal talks with investors after Ramadan, has been one of the few buyout firms to remain active in the region in recent years.

(Source: Dow Jones)

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