Carlyle Group has gathered $22.35 million in commitments toward Carlyle Realty Distressed RMBS Partners III LP. The vehicle will invest in distressed residential mortgage-backed securities. The fund follows its predecessors in rapid succession—in April, the second iteration of this strategy raised $19.42 million, and in December 2008, the first version of this fund raised $80.7 million. The strategy was launched in May of 2008. The funds are managed by Christopher Lippman, Paul Brady, and Robert Stuckey.