Carlyle Group also writes down funds
We noted recently that Kohlberg Kravis Roberts had written down the value of several of its funds. Blackstone wrote down some funds as well. They are far from the only private equity firms to do so.
The Carlyle Group has written down the value of the investments in its buyout fund Carlyle Partners IV by 13.8 percent during the fourth quarter, Reuters reports. That statistic refers to unrealized losses on privately held investments. Including publicly traded investments, the loss was 14.8 percent. Despite these moves, the industry doesn't seem to be suffering tremendously when it comes to fund raising. Carlyle just announced it has raised another mezzanine investment fund, with commitments of $553 million.
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