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The strategy helped it outperform its peer group of energy funds.
The firm's energy funds shrank about 3 percent, in the worst showing among Carlyle's investment businesses for the quarter.
Health care funds rose 3percentt, while energy funds lost 1percentt and utilities funds fell 3percentt.
After a year of rising energy prices, many funds with "natural resources" in their names are almost pure energy funds.
He has taken roughly $700 million in so-called clean energy funds, dumping most of that into the general fund, and using a smaller percentage to pay utility bills in state buildings.
While the auditors felt the utilities could manage the energy efficiency programs -- with greater involvement by the state Board of Public Utilities -- they said the supervision of renewable energy funds should go to an independent group.
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Clean energy funding will be slashed.
Her logo was adorned with a flag, but her energy fund remained just an energy fund.
Women have been enthusiastic about the benefits of an energy fund.
One deal involved an energy fund run by Carlyle and another firm, Riverstone Holdings.
The Senate should oppose the government's proposal to cut renewable energy funding," the report concluded.
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CEO of Professional Science Editing for Scientists @ prosciediting.com