Investment firm the Carlyle Group (Nasdaq: CG) has closed a €656 million (U.S. $716 million) fund that focuses on technology-enabled businesses.

The new fund, Carlyle Europe Technology Partners II, began fundraising in May 2014. The fund's investors are mainly based in Europe and the U.S.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.