Popular Real Estate Managers

This week, we used OWL’s manager search functionality and allocator holdings database to find real-estate focused managers that show up in well-known endowment, foundation, and pension portfolios. OWL includes profiles of more than 12,000 managers across all asset classes, allowing our users to find and monitor managers across their entire portfolio. For example, filtering for Real Estate managers yields 774 results in our manager search, and we’re adding more managers every month.

In last week’s detailed customer newsletter, we sorted through those and identified a list of managers with well-known LPs. Below is a small sample of the manager list – if you’re an allocator and interested in seeing the full list, reach out!

Green Courte Partners

Niche properties, including near-airport parking and manufactured housing

• AUM: $3.6 billion

• Location: Chicago

• Disclosed LPs: UTIMCO, Carnegie, Michigan, UPMC Retirement Plan

Lubert-Adler

Cash-flowing rental assets across asset types and US markets

• AUM: $2.8 billion

• Location: Philadelphia

• Disclosed LPs: Harvard, Yale, Duke, Maryland State Pension

Star Asia Management

Japanese real estate

• AUM: $3.7 billion

• Location: Tokyo and Mt. Laurel, NJ

• Disclosed LPs: Harvard, Columbia, Howard Hughes, UTIMCO, Kaiser Foundation

If you’d like to learn more about using OWL’s search functionality to find new managers, please reach out!

Other News & Events

• Interview with CIO of St. Paul & Minnesota Foundation

• Podcast with Kelly Granat - Investing At Lone Pine

• Wealthy Colleges Fight to Protect Their Riches From Taxation

• Activist Irenic Capital Quickly Gains Ground

• Hedge funds unwind risk at fastest rate in over two years

• Norges makes first Long/Short allocation

• Northwestern CIO Building Cash Reserves, Trimming Private Equity

• SFERS commits $100m to multi-strat Qube Fund

• Millennium Loses $900 Million on Strategy Roiled by Market Chaos

• Bush Foundation hiring MD of Investments

• U of Washington hiring Investment Director

About Old Well Labs

OWL is an intelligence platform built for allocators, by allocators. Leading endowments, foundations, and family offices use the system to find, monitor, and connect with thousands of fund managers globally. OWL's analytics engine has collected over one billion data points from 65 countries. We make it easy for allocators to find and track information about the managers they care about – not just positions but also performance analytics, people data, business information, and details about the manager investments of other allocators.

Disclaimers

Returns represent the return on invested capital of publicly disclosed long positions, as calculated by OWL. Actual returns may vary based on a number of factors, including (but not limited to) undisclosed positions, short exposure, non-equity holdings, cash holdings, and lagged disclosure of positions.

This newsletter and the material on the Old Well Labs platform are for informational purposes only and should not be considered investment advice or a recommendation of any particular security, manager, or strategy. Old Well Labs shall not be liable for any investment gain or loss that may occur from the use of this material. No part of this material may be reproduced in any form or used in any publication without express written permission from Old Well Labs.