Keeping private equity’s velvet rope up

US buyout firms are marketing new funds to retail investors, but in Europe it remains tough for all but the wealthiest to join the club

Monday 4 August 2014 at 17:00

If you’ve got a spare $50,000, then Carlyle wants your money. The US buyout firm and other large US firms, such as Kohlberg Kravis Roberts, have been vying to increase their assets under management by getting middle class savers into their funds.

Last year, Carlyle became the first big manager to allow direct entrance into its buyout funds.