The firm is in discussions with investors about the size of the fund, according to the report, citing people familiar with the matter. (https://bloom.bg/3hXOVi2)
The fund would be 46% larger than its previous flagship pool from 2018, Bloomberg News said.
Private equity firms in general are amassing huge sums from investors, giving them a chance to look into fresh deals and acquisitions amid soaring valuations of target companies.
PE firm Hellman & Friedman said last Thursday it had closed a $24.4 billion fund, its largest ever.
KKR & Co raised $18.5 billion in May and Bain Capital secured $11.8 billion in April from outside investors and employees for their flagship North American buyout funds.
Carlyle declined a Reuters request for comment.
(Reporting by Sabahatjahan Contractor in Bengaluru)