The Carlyle Group has held a final close for its 10th U.S. opportunistic real estate fund, Carlyle Realty Partners X (CRP X), with $9 billion of total commitments.
CRP X continues to focus on sectors underpinned by secular demographic and technological tailwinds and attractive supply-demand dynamics, including residential, self-storage and industrial. CRP X is expected to have no exposure to office, hotel, or retail sectors.
“This is a compelling moment to invest, as we see improving fundamentals across our target sectors coupled with an environment of relatively constrained liquidity,” says Rob Stuckey, head of Carlyle’s U.S. real estate team.
Hammes Partners has raised $445 million in equity for its core-plus healthcare real estate platform. The fund exceeded its $350 million target.
“We believe this platform will enable us to provide our investors with exposure to quality, highly stabilized U.S. healthcare real estate assets while supporting th