The California Public Employees’ Retirement System (CalPERS) has reviewed $950 million in real estate commitments for three months ending June 30, 2025, according to meeting materials.
Carlyle Realty Partners X received $500 million for its closed-end, opportunistic strategy, which had an initial fundraising goal of $8 billion but is oversubscribed as it held a final close with $9 billion in commitments. This fund focuses on investments in residential, self-storage and industrial sectors mainly in the United States and Canada, with 5 percent of capital invested outside of these countries. The South Carolina Retirement System Investment Commission committed $100 million to this fund in September. Carlyle Realty Partners IX closed with $8 billion in equi
