Global private equity firm Carlyle Group [CYL.UL] plans to open offices in Johannesburg and Lagos and start investing in capital growth ventures and buyouts in the fast-growing region. Washington D.C.-based Carlyle, which has $16.6 billion of assets under management in emerging markets, said it would begin with investments in the consumer goods, financial services, agriculture, infrastructure and energy sectors. "The entrance of a global player like Carlyle into sub-Saharan Africa is a testament to the region's progress and prospects and will attract more capital and talent to the region," Danie Jordaan, Carlyle's sub-Saharan Africa co-head, said in a statement.
Source
