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Carlyle Group raises $1.5B for 2nd power fund targeting generation assets
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Carlyle GroupLP has secured $1.5 billion in funding for Carlyle Power PartnersII from a group of global investors.
The asset manager's second power fund focuses on power generationassets throughout North America, according to an April 11 statement.
Carlyle Power Partners was formed in December 2012 with theacquisition ofCogentrix Energy andfive operating assets.