Carlyle Raises $9B for US Real Estate Fund
Carlyle is gearing up to make more real estate moves after a record round of fundraising.The investment group raised $9 billion for a United States real estate fund, the company’s tenth in the category, Reuters reported. Despite the difficult fundraising environment, the haul represented a record for the firm, surpassing the $8 billion Carlyle raised for a predecessor fund in 2021.Rob Stuckey, who spearheads the U.S. real estate arm of the company, said the firm would “avoid structurally challenged areas” with the fund. That means saying “yes” to residential, industrial...