To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionArkansas Teachers commits $50m to Carlyle Realty Partners X
The Arkansas Teacher Retirement System (ARTRS) has approved a $50 million commitment to Carlyle Realty Partners X, confirmed Jennifer Liwo, general counsel, ARTRS.
Carlyle Realty partners X is managed by The Carlyle Group and is seeking to raise $8 billion of capital to invest in demographic and technology-driven sector assets such as residential, self-storage and industrial, primarily in the United States and Canada. It may invest up to 5 percent of its capital outside of the two countries.
ARTRS has invested in various iterations of the Carlyle Realty Partners fund series in the past, including a $50 million commitment to Carlyle Realty Partners IX in 2021, a $25 million commitment to Carlyle Realty Partners VIII in 2018 and a $30 million commitment to Carlyle Realty Partners VII in 2014.
As of June 30, 2023, roughly $2.17 billion of ARTRS’ $20.3 billion portfolio was allocated toward various real estate investments.
For more information about this co