Monday 29, March 2010 by
Carlyle Group’s MENA Fund makes first investment in the GCC
Global private equity firm The Carlyle Group has acquired its 30 per cent stake in General Lighting Company (GLC) on 29 March 2010. Equity for this investment, Carlyle's third in the MENA region, will come from Carlyle MENA Partners, a growth capital and buyout fund that closed in March 2009. Bank Audi provided financing for this transaction.
