The Carlyle Group Raises $1.38BN for Energy Credit Investment Fund

Global alternative asset manager The Carlyle Group (NASDAQ: CG) has raised $1.38 billion for its energy credit investment fund.

Carlyle Energy Mezzanine Opportunities Fund (CEMOF) focuses on investing in projects and companies in the power generation and energy sectors requiring capital of $20 million to $150 million per transaction.

The vehicle will be led by Rahul Culas and David Albert, who are managing directors of the energy credit investment team, which is based in New York and Houston.

CEMOF was advised by Simpson Thacher & Bartlett LLP.



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