Carlyle to invest $1bn in North Bridge.

Carlyle, an American multinational private equity firm, agreed to invest $1bn in North Bridge, a provider of C-PACE financing for commercial real estate projects. “Carlyle’s $1bn commitment to C-PACE, the largest to date, enables North Bridge to lead the transformation of the industry to better meet the needs of institutional sponsors and their lenders. We are excited to partner with Carlyle, an established leader in the private credit space, given their exceptional track record of partnering with companies to drive growth,” Laura Rapaport, North Bridge Founder and CEO.