Blueprint: Carlyle CEO’s optimism on real estate, the impact of the US credit downgrade, EQT Exeter’s non-traded REIT IPO, KKR’s Los Angeles office opening

Carlyle chief executive Harvey Schwartz shows optimism for the firm’s fundraising and investment prospects in real estate; the US's second credit downgrade raises questions about longer-term investor allocations to the country; EQT Exeter launches a $5 billion non-traded REIT to primarily focus on real estate assets with business tenants; KKR installs real estate executives in Los Angeles; and more in today's briefing, exclusively for our valued subscribers.