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Carlyle weighing US real estate expansion, says co-founder

Thursday, June 11, 2015 - 05:50

New York

CARLYLE Group LP, the world's second-biggest manager of alternatives to stocks and bonds, may add a real estate offering targeting about 10 per cent returns, co-founder David Rubenstein said.

Carlyle is evaluating whether clients would be receptive to a so-called core-plus