Carlyle Group Looking To Raise $2 Billion For Japan Investments

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Mani
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Carlyle Group LP (NASDAQ:CG) is looking to raise 200 billion yen ($2 billion) with the launch of a third Japan fund, reports Reuters. Carlyle Group’s proposed $2 billion fund is set to succeed its earlier seven-year old fund. Carlyle Group LP (NASDAQ:CG)’s proposal comes in the wake of potential revival in the Japanese market, bolstered by Prime Minister Shinzo Abe’s pledge to boost the country’s struggling economy through a series of aggressive monetary and fiscal stimuli. The Prime Minister’s plan is popularly called “Abenomics”, which have resulted in a weakening of the Japanese yen, which industry figures said has led…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports