Simpson Helps Carlyle Raise $2.34B For Real Estate Fund

Law360, New York (January 5, 2012, 3:43 PM EST) -- Private equity giant The Carlyle Group has raised $2.34 billion for its sixth U.S. real estate fund, which will be aimed at various opportunistic investments in major metro centers on both coasts, the Washington-based global asset manager announced Thursday.

The fund — Carlyle Realty Partners VI — is already about 20 percent deployed in 30 investments in New York, Washington, Northern California and Seattle. Carlyle said it plans to employ 82 professionals to invest in residential, hotel, senior living, retail and office properties in those markets,...
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