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    Home»Fundraising»Carlyle plans $6bn capital raise for ninth US real estate fund
    Fundraising

    Carlyle plans $6bn capital raise for ninth US real estate fund

    March 13, 20211 Min Read
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    The Carlyle Group is planning to raise $6bn (€5.1bn) for its ninth US real estate fund, according to an investor. The Pennsylvania Public School Employees’ Retirement System (PSERS) said in a meeting document that it has approved a $200m commitment to the Carlyle Realty Partners IX fund.

    Hamilton Lane, the pension fund’s investment consultant, said Carlyle plans to have a first close for the fund in June of this year and a final close 18 months thereafter. Carlyle’s eighth US real estate fund raised $5.5bn in September 2018.

    The latest fund will invest in multifamily, single-family rental, active adult/age-restricted housing, life science office and industrial assets ranging from $10m to $40m.

     

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    Source: Real Assets

    By Jon Peterson

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