About This Fund
Carlyle Realty Partners X is an opportunistic closed-end fund strategy that targets real estate investments in demographic- and technology-driven sectors, which include various subtypes of residential, self-storage and industrial, across about 30 major U.S. markets.
The fund will invest in a broad range of markets across the U.S., and may invest up to 5% of committed capital (excluding follow-on investments) outside the U.S./Canada.
The return target of the fund is 14-17% Net IRR, and 1.4-1.5x Net TVPI (20-25% and1.6-1.7x Gross). The term of the fund is 10-years, with 1-year extension at GP’s discretion.