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Carlyle Closes Tenth U.S. Real Estate Fund at Approximately $9 Billion

08.08.25

The Firm represented Carlyle in connection with the formation and fundraising of its tenth U.S. real estate opportunity fund, Carlyle Realty Partners X (CRP X), which raised approximately $9 billion. CRP X will continue to target Carlyle Realty’s opportunistic U.S. real estate investment strategy, and is a successor fund to Carlyle Realty Partners IX (CRP IX) which raised close to $8 billion in commitments in 2021.

Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions.

The Simpson Thacher team included Crystal Frierson, Audrey Stern, Jeannette Figg, Daniela Chediak, Alicia Faison, Shuchen Gong, Anna-Carolina Zwinge, Noor Irshaidat, William Foy, Shreya Tallanje, Clarence Jenkins, Iris Li, Yifan Cao and Cullen Bryant (Private Funds); Nancy Mehlman, Jodi Schneider and Tova Pfeffer (Tax); and Erica Rozow and Jeanne Annarumma (ERISA).

 

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