Metropolitan Real Estate Investors
New York, NY – Global alternate asset supervisor The Carlyle Group (NASDAQ: CG) today revealed so it features finished fundraising for Metropolitan Real Estate Partners Secondaries & Co-Investments system (SCIF) at $550 million in obligations, surpassing its $450 million target. Metropolitan property, section of Carlyle’s Investment Options business, is a worldwide multi-manager exclusive equity real estate buyer.
The latest investment leverages Metropolitan’s foundation of 160+ main investment assets and extensive connections cultivated since 2002 by assisting sourcing and carrying out secondaries and co-investments. The investment is sustained by an international team and an investment committee with about a lot more than twenty years of business experience. To date, the team has recently closed 14 transactions within the system, diversified by location and home kind.
David Sherman, Metropolitan Co-Founder and Co-CIO, said, “I am humbled because of the self-confidence investors have actually positioned in our proven, global team. In management of Sarah Schwarzschild and Andrew Jacobs, Metropolitan’s proactive sourcing of additional and co-investment deals will enable us to take advantage of existing and long-lasting owning a home options.”
Lauren Dillard, Head of Carlyle Investment Solutions, said, “The Metropolitan team seems its ability to unlock price through market inefficiencies which exemplary fundraise is a validation of their strategy and team.”
Metropolitan constructs and manages global property portfolios and personalized managed records comprising value-add and opportunistic opportunities, including primary and secondary investment interests along with co-investments.
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Concerning The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $183 billion of assets under management across 126 funds and 160 investment of resources cars as of December 31, 2015. Carlyle’s function is to spend sensibly and produce price with respect to its investors, several of who are public retirement benefits. Carlyle invests across four segments – business exclusive Equity, Real Assets, worldwide Market tips and Investment Systems – in Africa, Asia, Australian Continent, Europe, the center East, the united states and South America. Carlyle features expertise in a variety of companies, including: aerospace, security & government services, customer & retail, energy, monetary services, medical, manufacturing, real-estate, technology & company solutions, telecommunications & news and transport. The Carlyle Group hires more than 1, 700 individuals in 36 offices across six continents.