The South Carolina Retirement System Investment Commission (RSIC) has committed $100 million to Carlyle Realty Partners X, according to meeting materials from Sept. 11, 2025.
Carlyle Realty Partners X, a vehicle of The Carlyle Group, is a closed-end, opportunistic fund that invests in assets including residential, self-storage and industrial in the United States and Canada. This fund had an initial fundraising goal of $8 billion but is oversubscribed as it held a final close with $9 billion in commitments. Carlyle Realty Partners IX, its predecessor, raised $8 billion in 2021.
South Carolina’s RSIC, a public pension fund, had $50.3 billion in total assets under management, as of June 30, 2025. As of then, it had a 12 percent real estate allocation target with $4.9 billion in total real estate assets.
