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World’s Biggest Private Equity Firm Raises $1 Billion To Invest In Oil

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On the back of renewed confidence in higher oil prices, the world’s biggest private equity firm, The Carlyle Group, is looking to raise US$1 billion to create a new fund for investing in oil and gas outside the U.S., Reuters reported on Wednesday, citing banking sources. The Carlyle Group is…

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Click here to read the full story: Oilprice.com

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