Article: The Carlyle Group Announces Launch of E300 million European Internet Fund.

WASHINGTON--(BUSINESS WIRE)--Oct. 12, 1999--

The Carlyle Group, one of the leading global private equity firms with approximately $5 billion of capital under management, announces today that it has established Carlyle Internet Partners Europe, a E300 million venture capital fund targeted at Internet investment opportunities in Europe.

Carlyle Internet Partners Europe will provide pre-flotation equity capital to European Internet and other information technology and new media companies. It will focus on investment opportunities across all areas of the Internet value chain including network infrastructure, e-commerce and business-to-business focused ...

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