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Photo of David Rubenstein Carlyle Group chief executive David Rubenstein

WASHINGTON, DC—The Carlyle Group intends to raise $5 billion for Carlyle Realty Partners VIII, its eighth opportunistic fund and its largest yet in the real estate space, according to published reports. CRP VII closed at $4.2 billion in December 2014.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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