Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

Carlyle Strategic Partners IV, L.P, a fund managed by affiliates of the entities doing business as “The Carlyle Group” (“Carlyle”) intends to acquire sole control over KAP-Beteiligungs AG (“KAP”).

-- Carlyle is a global alternative asset manager, which manages funds that invest globally across four investment disciplines: (i) Corporate Private Equity (buyout and growth capital); (ii) Real Assets (real estate, infrastructure and energy and renewable resources); (iii) Global Market Strategies (structured credit, mezzanine, distressed, hedge funds, and middle market debt); and (iv) Solutions (private equity fund of funds program and related co-investment and secondary activities).

-- KAP is a German-based public holding company which invests in small to medium-sized enterprises seeking new ownership for reasons ranging from lack of corporate succession, expansion-funding or the improvement of their equity base (turn-around investments). KAP is a publicly-listed corporation in Germany that manages predominantly proprietary assets, mostly obtained from shareholder equity and debt issuance.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

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