Carlyle Says Made 'Significant Investment' in Addison Lee

Global alternative asset manager The Carlyle Group CG has today announced it has made a significant investment in Addison Lee, a long-established player and well- known brand in the transportation and private hire services in London and the South East of England. Capital for this investment will come from Carlyle Europe Partners III L.P., a 5.4billion Euro fund that makes mid and large cap investments. Terms of the transaction were not disclosed.