- The Carlyle Group has announced the final close of the $2.2 billion Carlyle Global Infrastructure Opportunity Fund (‘CGI’)
The Carlyle Group announced the final close of the Carlyle Global Infrastructure Opportunity Fund (‘CGI’) — which is a $2.2 billion fund that invests in infrastructure assets in OECD countries.
The fund will focus predominantly on projects in transport and logistics, energy and power infrastructure, and water and agriculture infrastructure.
CGI has also already closed or announced several projects in the U.S., including
Terminal One at New York’s JFK Airport, Lone Star Ports Harbor Island Crude Export Terminal (designed to be the first U.S. onshore export terminal to service fully-laden Very Large Crude Carriers, located in Texas), and Crimson Midstream Holdings (provider of crude oil transportation and storage services in California, Louisiana and offshore Gulf of Mexico).
“Our team brings the full breadth of Carlyle’s industry expertise and global reach, including our strong network and presence in the United States, to find opportunities and drive value for each investment. We are working to become the partner of choice for communities and corporates worldwide,” said Peter Taylor — the Managing Director and Co-Head of the Carlyle Global Infrastructure Opportunity Fund.
“We see tremendous opportunity to upgrade infrastructure, particularly in the United States. Our team’s leadership and deep domain expertise give us the edge needed to perform for our investors as we participate in meeting a great national need,” added Andrew Marino — Managing Director and Co-Head of the Carlyle Infrastructure Opportunity Fund.
The Carlyle Infrastructure team includes 13 dedicated professionals located in Washington, DC who have over 115 years of aggregate infrastructure and energy experience. And the team is supported by several specialists in government relations, legal, fund management, tax, and various corporate private equity functions, including carve-outs, technology implementation, and real estate.
With $222 billion of assets under management as of March 31, 2019, Carlyle deploys private capital across four business segments including Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. And The Carlyle Group employs more than 1,725 people in 33 offices across six continents.
