Carlyle Said to Plan Defense Fund as Governments Hike Spending

Carlyle Group Inc. plans to launch a fund focused on the defense sector amid growing demand by governments to upgrade their military forces, according to people with knowledge of the...

By Allison McNeely, Preeti Singh · Bloomberg Markets

Carlyle Group Inc. plans to launch a fund focused on the defense sector amid growing demand by governments to upgrade their military forces, according to people with knowledge of the matter.