Carlyle looks to Germany

US private equity firm Carlyle is planning to invest increasingly in Germany.

“We will make quite a few transactions here in all parts of the spectrum. This includes larger deals once they are possible again,” Carlyle co-founder David Rubenstein told German newspaper, Handelsblatt.

He said banks, some of which lost half of their market capitalisation in the course of the global credit crisis, are of particular interest to Carlyle.

“We will invest more in financial services companies. Their prices have reached a very attractive level,” Rubenstein said.