With $2.3B in its sixth real estate fund and a planned IPO, Carlyle is on the prowl

By Janna Herron | April 06, 2012 10:30AM

From the April issue: The Carlyle Group may be a quiet buyout firm, but it cannot be ignored. The Washington, D.C.–based company — which has $12 billion of real estate worldwide, including in New York — announced its sixth real estate fund in January with $2.34 billion at its disposal.

The firm has said it plans to invest opportunistically in residential, hotel, senior living, retail and office properties in major U.S. cities, including the Big Apple. [more]