PE fund briefs, week of April 19, 2010

Carlyle Group raises $2.55B for Asia buyouts

The Carlyle Group has closed its third Asia buyout fund with $2.55 billion in capital commitments. The firm raised $1.8 billion for its previous Asia buyouts fund, which closed in 2006.

ICG closes European recovery fund

Intermediate Capital Group has closed its European Recovery Fund with more than $1.1 billion in capital commitments. The fund capacity rises to about $2 billion when ICG’s co-investment and third-party funds are included.