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Carlyle and CVC launch oil and gas joint venture

The joint venture follows a surge in private equity investment in the oil and gas sector

Carlyle and CVC launch oil and gas joint venture

Buyout firms Carlyle Group and CVC Capital Partners have launched a joint venture to invest in large-scale oil and gas deals as buyouts in the sector surged to record levels last year.

Carlyle and CVC have formed Neptune Oil & Gas, an investment vehicle based in London, according to a statement.

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