CalSTRS and Carlyle AlpInvest Launch Climate-Focused Co-Investment Partnership
The California State Teachers’ Retirement System (CalSTRS) has partnered with Carlyle AlpInvest to expand access to climate-related co-investment opportunities. The collaboration aims to align with CalSTRS' sustainable investment objectives while leveraging Carlyle AlpInvest's expertise in private equity co-investments.
Todd Ruggini of Carlyle AlpInvest emphasized the partnership's focus on climate solutions, building on the firm's longstanding relationship with CalSTRS. Nick Abel of CalSTRS highlighted the strategic value of combining scale and execution capabilities to advance the pension fund's investment goals.