Carlyle Is Said to Seek $2.5 Billion for Energy Mezzanine Fund
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Carlyle Group LP, the world’s second-biggest manager of alternative assets such as private equity and credit, is seeking $2.5 billion to lend to energy-related companies and projects.
Carlyle’s second Energy Mezzanine Opportunities Fund will invest in power generation, renewable energy, oil and gas production, oilfield services and midstream infrastructure, said two people with knowledge of the plans, who asked not to be identified because the information is private. The pool follows a vehicle that gathered $1.4 billion from 2010 to 2012, exceeding its $750 million target, one of the people said.