The Carlyle Group said it has raised its first fund to invest in infrastructure projects and received equity commitments totaling $1.15 billion.

D.C.-based Carlyle, a private equity firm with more than $75 billion under management, said Carlyle Infrastructure Partners will primarily invest in U.S. and Canadian transportation and water infrastructure projects, generally ranging from $100 million to more than $1 billion in enterprise value.

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Posted by rjorr at November 6, 2007 4:55 PM