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Carlyle weighing US real estate expansion, says co-founder
Published Wed, Jun 10, 2015 · 09:50 PM
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 strategy in real estate, Mr Rubenstein said at Morgan Stanley's financials conference on Tuesday in New York.
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