The Firm represented Carlyle in connection with the formation and fundraising of its ninth U.S. real estate opportunity fund, Carlyle Realty Partners IX (CRP IX), which raised close to $8 billion. CRP IX exceeded its $6 billion target and will continue to target Carlyle Realty’s opportunistic U.S. real estate investment strategy, and is a successor fund to Carlyle Realty Partners VIII (CRP VIII) which raised $5.5 billion in commitments in 2018.
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 Barrie Covit, Crystal Frierson, Audrey Stern, Carter Kagedan, Iram Huq, Scott Mishan, Sydney Wright-Schaner, Benjamin Cermak, Daniela Chediak, Joseph Digirolamo and Yingting Fu (Private Funds); Nancy Mehlman and Jodi Schneider (Tax); and Brian Robbins (ERISA).