Kentucky Teachers assigns up to $130 million to 2 Carlyle funds
Carlyle Group totaling up to $130 million.
The $23.9 billion pension fund committed up to $80 million to opportunistic real estate fund Carlyle Realty Partners IX and up to $50 million to open-end infrastructure fund Carlyle Renewable & Sustainable Energy Fund, said Robert B. Barnes, deputy executive secretary and general counsel.
The pension fund previously committed $52 million to Carlyle Europe Partners V in 2018.
As of Dec. 31, the pension fund’s actual allocation to alternative investments was 6.5%; the target is 7%.
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Carlyle Makes $374 Million Commitment to Global Energy Transition Platform Amp Energy
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WASHINGTON
and TORONTO, Jan. 6, 2021 /PRNewswire/ - Global investment firm The Carlyle Group (NASDAQ: CG) today announced a strategic growth investment through a $374 million commitment to Amp Solar Group, Inc. ( Amp Energy or the Company ), a Canadian-based global energy transition platform.
Amp Energy is a global renewable energy infrastructure manager, developer and owner. Since 2009, the Company has successfully developed over 1.8 gigawatts of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects, and stand-alone battery storage projects around the world. Amp Energy s proprietary digital energy platform, Amp X, also provides a diverse portfolio of disruptive and interoperable solutions, including a state-of-the-art smart transformer, that enable real-time autonomous management and optimized dispatch of al