Real Estate

Our real estate (property) investment management teams are focused on acquiring and repositioning superior mixed-use assets in dynamic markets including New York and other gateway cities. Targeting income-producing and value-add opportunities in interesting, evolving neighborhoods, the firm employs a focused and disciplined approach to its investments. has grown its portfolio organically, acquiring one asset at a time since the firm’s inception in 2002 to over $3.1 billion of current assets under management. The company’s strategy, combined with its creative, entrepreneurial approach, integrated operating platform, and exceptional capital markets expertise has resulted in a gross IRR of 35% and equity multiple of 2.0x on realized investments, and a 24% IRR and 1.9x multiple across all investments in the firm's portfolio through three real estate cycles.

Our investment management teams ensure assets entrusted to by its clients are invested strategically and in alignment with their respective investment policies to produce sustainable, long-term investment performance. Our Fixed Income investments provide diversified fixed income exposure to clients and consistent, superior risk-adjusted returns during different market cycles. The objective of our Fixed Income portfolios is to provide our clients with capital preservation, liquidity and superior, risk-controlled return relative to a benchmark. The team manages fixed income portfolios for both balanced fund and government fund clients with different maturity targets (ranging from money market, short, mid, long and real return bond) and credit risk targets. This group actively manages various public and private credit investments such as investment grade corporate credits, private placements, mortgages and private debt & loan portfolios.