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Year Founded: 1987

AUM: $400.00B | Dry Powder: $45.12B

1001 Pennsylvania Avenue, North-West, Washington, DC 20004, US
The Carlyle Group operates as a global investment firm to create long-term value for the investors, companies, shareholders, people, and communities. The firm seeks to invests in the commercial products, media, retail, and transportation sectors

Key Contacts

  • Kewsong Lee
    CEO & Board Member
  • Thomas Hennigan
    COO & Chief Financial Officer of Corporate Private Equity
  • Jeremy Anderson
    Managing Director & Chief Financial Officer

Investment Preferences

  • Preferred Industries
    Energy Equipment, Energy Services, Exploration, Production and Refining, Healthcare Devices and Supplies, Commercial Transportation, Communications and Networking, Other Financial Services, Software, etc.
  • Geographical Preference
    Asia, Europe, Middle East, North America, South America, US
  • Preferred Deal Types
    Buyout/LBO, PE Growth/Expansion
  • Other Investment Preferences
    • Prefers majority stake
    • Seeks Impact investments
    • Will syndicate

Investments By Year

Source: Pitchbook

Funds Closed

Carlyle Japan Partners IV
Vintage: 2020

Size: $2.4B

Dry Powder: $1.48B

Details: The fund targets investments in the healthcare, retail and TMT sectors

International Energy Partners II
Vintage: 2019

Size: $2.3B

Dry Powder: $1.3B

Details: It is a vintage oil & gas fund that targets energy sector companies

Global Infra. Opportunity Fund
Vintage: 2018

Size: $2.2B

Dry Powder: $525.0M

Details: The fund invests in renewable energy, power, oil & gas, infrastructure, sectors

Investments By Industry

Investments By Region

Source: Pitchbook

Key Investments

In November 2022, The Carlyle Group acquired a majority stake in Aspen Power Partners for $350 million. The funds will be used to acquire renewable energy projects across the US. The investment supports Aspen’s organic and acquisition-driven growth strategy targeting the community, multifamily, and commercial & industrial solar and storage markets

In August 2022, The Carlyle Group and GIC made a strategic investment in green ammonia project development company Eneus Energy to support the development of a c.14GW pipeline. The funding will enable the company to continue to develop its pipeline of projects globally starting with the US and UK

In January 2022, Carlyle made complementary growth investments by its managed funds in community-scale clean energy developer NineDot Energy and electric vehicle charging and services company Fermata Energy, representing a more than $100 million commitment to support energy transition. This marks a total capital commitment of $1.2 billion by funds managed by Carlyle’s infrastructure platform in the last 24 months to renewable and sustainable energy companies. Carlyle’s investment would enable NineDot to develop, build, and operate over 1,600MWh of clean energy systems by 2026

In July 2021, The Carlyle Group launched Copia Power, a new wholly owned utility scale sustainable infrastructure platform, initially focused on developing, owning, and operating large-scale renewable energy generation in the US. Copia, wholly-owned by Carlyle, is being launched with the acquisition of a 6GW US solar and storage development pipeline from energy developer and operator Tenaska, and with a strategic partnership with renewable energy solutions company Birch Infrastructure

In January 2021, The Carlyle Group made a strategic growth investment through a $374 million commitment to Amp Solar Group, Inc., a Canadian-based global energy transition platform. The investment would help catalyze the continued rapid growth of both Amp’s asset base and Amp X (the proprietary digital energy platform of Amp Group) within its core markets of North America, Japan, Australia, Iberia and the UK

In January 2021, Amp Solar Group, Inc., received a $374 million investment commitment from The Carlyle Group. Equity capital for the transaction was committed from Carlyle’s Global Infrastructure Opportunity Fund and Carlyle’s Renewable & Sustainable Energy Fund. The investment helped to catalyse the continued rapid growth of both Amp’s asset base and Amp X within its core markets of North America, Japan, Australia, Iberia and the UK

In October 2020, The Carlyle Group acquired Occidental’s entire onshore portfolio in Colombia for a total consideration of approximately $825 million with $700 million to be paid up-front, and the remainder payable subject to certain production and commodity price targets. Colombia Onshore has oil operations producing 33 thousand barrels of oil per day, on a net basis

Other Details

Carlyle Group is a global investment firm that work together to create long-term value for the investors, companies, shareholders, people and communities. The firm manages $400 billion in assets, spanning 3 business segments and 531 investment vehicles, investing over the long-term. Carlyle Group operates from 29 offices across 5 continents and employs more than 2,100 professionals worldwide

The latest open fund is Carlyle Renewable & Sustainable Energy Fund II. It  is an infrastructure opportunistic fund managed by The Carlyle Group. The fund is located in Washington, District of Columbia. Carlyle Group is seeking at least $1.6 billion for the fund. The fund’s target sector encompasses battery technology as well as power generation from solar and wind. It also includes companies that aim to reduce their carbon footprint in the food and agriculture industry

22 Capital Partners, 22C Capital, 32 Equity, 3i Group, A.G. Hill Partners, 5Y Capital, Aberdeen Asset Management, ABRY Partners, ABS Ventures, Accel, Access Technology Ventures, ACE & Company, Acosta, Ad Eundem Partners, Adams Street Partners are some of the institutional investors who invest along with The Carlyle Group

Source: Pitchbook, Company Website, Bioenergy Infrastructure, Infrastructure Investor, SparkSpread, esgtoday