The School Employees' Retirement System of Ohio (SERSO) approved a $30 million investment in Carlyle Realty Partners VI. The Carlyle Group is targeting Realty VI as a $1.5 billion fund.
SERSO's first three Carlyle Group investments are on track to:
"return all of the pension fund's capital originally invested into the commingled fund."Real estate investments between 2005 and 2008 faced serious headwinds. Will the fourth roll of the dice will bring charm to the SERSO? Carlyle is clearly back on track.