“Carlyle Group (NASDAQ:CG) plans to form a new open-ended fund to pursue long-term infrastructure bets, people familiar with the matter told Bloomberg.
Meanwhile, shares of CG slide 2% intra-day.
The asset manager has started talking about the Carlyle Diversified Infrastructure Fund with potential investors, the people told Bloomberg.
The fund would have targeted returns of 8% to 10%, compared with Carlyle’s (CG) close-ended infrastructure funds of 12% to 15% targeted returns, Bloomberg notes.
“
read the entire article
Gottlich, Max. Bloomberg 14 January 2022.