Carlyle Group raises $1b for its seventh fund
The Carlyle Group has raised $1.13 billion for its Carlyle Realty Partners VII, according to a filing with the SEC.
The opportunistic fund launched in July 2013 with a $4 billion fundraising goal. The Carlyle Realty Partners fund series targets opportunistic investments in major North American metropolitan markets, primarily in the residential, hotel, industrial, office and retail sectors.
The latest fund follows six vehicles from the opportunistic Carlyle Realty platform, which raised approximately $8.15 billion in equity commitments. Fun