Carlyle May Raise $2.8B For European Real Estate

Buyout shop Carlyle Group may raise between 1.5 billion and 2 billion euro ($2.1 billion to $2.8 billion) for a fourth European real estate fund, Reuters reported. The firm still has about 600 million euros remaining in the Carlyle Europe Real Estate Partners III fund, Reuters said, adding that it was expected to be fully invested this year.

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