Global
Alternative Asset Manager The Carlyle Group today announced the acquisition of
Chesapeake, one of the largest global suppliers of value-added paper-based
packaging products and services from Irving Place Capital and funds managed by
Oaktree Capital Management.
Capital
for this investment will come from Carlyle Europe Partners III L.P., a
€5.3billion fund that makes mid- and large-cap investments. Further terms of
the investment were not disclosed.
