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Fundraising - NOVEMBER 16, 2017

Carlyle seeks to raise $1b for new energy fund

by Andrea Waitrovich

The Carlyle Group has plans to raise $1 billion for a new energy fund, which will be used to create a New York–listed special-purpose acquisition company that focuses on investment in oil and gas exploration and production outside the United States, according to Reuters.

The New York–listed special-purpose acquisition company will be called Regalwood Global Energy.

It is expected to be launched next year.

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