Carlyle AlpInvest Raises $20 Billion for Secondaries

Carlyle AlpInvest raised $20 billion across its secondaries strategy. AlpInvest Secondaries Program VIII reached its $15 billion hard cap; the wider strategy total also included $3.2 billion of co-investment capital and $2 billion from wealth channels. The $20 billion strategy total is not a single-fund closing size.