(Bloomberg) -- Carlyle Group will shut a pair of mutual funds started last year in the latest setback to private equity firms’ pursuit of individual investors.

The Washington-based firm next month will liquidate the Carlyle Core Allocation Fund, which had about $53 million in assets at the end of November, and the Carlyle Enhanced Commodity Real Return Fund, according to regulatory filings filed April 17 with the U.S. Securities and Exchange Commission. The commodity fund hadn’t started accepting money.

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