755 investors with a stated opportunistic focus. Investors in ground-up development, heavy redevelopment and special situations with higher target returns.
Largest by disclosed AUM first. Click a name for the full profile.
| Investor | Type | Location | AUM |
|---|---|---|---|
| Morgan Stanley Investment Management | Fund of Funds | New York, United States | $1600.0B |
| Blackstone Group - Fund of Funds and Secondary | Fund of Funds | New York, United States | $1100.0B |
| Brookfield Asset Management | Asset Manager | Toronto, Canada | $690.0B |
| KKR | Asset Manager | New York, United States | $553.0B |
| Ares Management | Asset Manager | Los Angeles, United States | $546.0B |
| California Public Employees' Retirement System | Public Pension Fund | Sacramento, United States | $530.0B |
| California State Teachers' Retirement System | Public Pension Fund | West Sacramento, United States | $350.0B |
| Caisse de dépôt et placement du Québec | Public Pension Fund | Quebec City, Canada | $315.0B |
| New York City Public Pension Funds | Public Pension Fund | New York, United States | $285.0B |
| New York State Common Retirement Fund | Public Pension Fund | Albany, United States | $267.7B |
| Florida State Board of Administration | Public Pension Fund | Tallahassee, United States | $262.4B |
| Stichting Pensioenfonds Zorg en Welzijn | Public Pension Fund | Zeist, Netherlands | $252.0B |
| AustralianSuper | Private Sector Pension Fund | Melbourne, Australia | $225.0B |
| Washington State Investment Board | Public Pension Fund | Olympia, United States | $213.0B |
| Teacher Retirement System of Texas | Public Pension Fund | Austin, United States | $181.5B |
| Korea Investment Corporation | Sovereign Wealth Fund | Seoul, South Korea | $181.4B |
| The Florida Retirement System | Public Pension Fund | Tallahassee, United States | $180.0B |
| Brown Advisory | Wealth Manager | Baltimore, United States | $165.0B |
| State of Wisconsin Investment Board | Public Pension Fund | Madison, United States | $160.0B |
| Regents of the University of California | Endowment Plan | Oakland, United States | $152.3B |
| New York State Teachers' Retirement System | Public Pension Fund | Albany, United States | $148.6B |
| Minnesota State Board of Investment | Public Pension Fund | Saint Paul, United States | $146.0B |
| Oregon Investment Council | Public Pension Fund | Salem, United States | $139.0B |
| North Carolina Retirement Systems | Public Pension Fund | Raleigh, United States | $123.0B |
| Bayerische Versorgungskammer | Public Pension Fund | Munich, Germany | $118.0B |
| Equitable Financial Life Insurance Company | Insurance Company | New York, United States | $116.5B |
| Massachusetts Pension Reserves Investment Trust | Public Pension Fund | Boston, United States | $110.5B |
| TPG | Asset Manager | New York, United States | $109.0B |
| Teachers' Retirement System of the City of New York | Public Pension Fund | New York, United States | $107.0B |
| PFA | Public Pension Fund | Copenhagen, Denmark | $105.4B |
| Ohio Public Employees Retirement System | Public Pension Fund | Columbus, United States | $99.0B |
| State Teachers Retirement System of Ohio | Public Pension Fund | Columbus, United States | $93.0B |
| Pensioenfonds Metaal & Techniek | Public Pension Fund | The Hague, Netherlands | $90.7B |
| United Nations Joint Staff Pension Fund | Private Sector Pension Fund | New York, United States | $89.2B |
| New York City Employees' Retirement System | Public Pension Fund | New York, United States | $87.8B |
| Alaska Permanent Fund | Sovereign Wealth Fund | Juneau, United States | $85.0B |
| Los Angeles County Employees' Retirement Association | Public Pension Fund | Pasadena, United States | $79.0B |
| Pennsylvania Public School Employees Retirement System | Public Pension Fund | Harrisburg, United States | $74.8B |
| Teachers Retirement System of the State of Illinois | Public Pension Fund | Springfield, United States | $71.5B |
| New Jersey Division of Investment | Public Pension Fund | Trenton, United States | $69.3B |
| Keva | Public Pension Fund | Helsinki, Finland | $69.0B |
| Colorado Public Employees' Retirement Association | Public Pension Fund | Denver, United States | $68.0B |
| Maryland State Retirement and Pension System | Public Pension Fund | Baltimore, United States | $68.0B |
| University of Texas Investment Management Company | Endowment Plan | Austin, United States | $63.7B |
| Tennessee Consolidated Retirement System | Public Pension Fund | Nashville, United States | $61.5B |
| New Mexico State Investment Council | Sovereign Wealth Fund | Santa Fe, United States | $55.7B |
| Connecticut Retirement Plans and Trust Funds | Public Pension Fund | Hartford, United States | $55.3B |
| Arizona State Retirement System | Public Pension Fund | Phoenix, United States | $55.0B |
| Illinois Municipal Retirement Fund | Public Pension Fund | Oak Brook, United States | $55.0B |
| New York City Police Pension Fund | Public Pension Fund | New York, United States | $54.8B |
| Western Conference of Teamsters Pension Plan | Public Pension Fund | Seattle, United States | $53.3B |
| Texas Permanent School Fund | Endowment Plan | Austin, United States | $52.3B |
| Bridge Investment Group | Multi family office | New York, United States | $48.0B |
| Texas County & District Retirement System | Public Pension Fund | Austin, United States | $46.0B |
| Hall Capital Partners | Multi family office | San Francisco, United States | $45.0B |
| New Zealand Superannuation Fund | Sovereign Wealth Fund | Auckland, New Zealand | $44.9B |
| South Carolina Retirement System Investment Commission | Public Pension Fund | Columbia, United States | $44.9B |
| Första AP-fonden | Public Pension Fund | Stockholm, Sweden | $43.5B |
| Iowa Public Employees' Retirement System | Public Pension Fund | Des Moines, United States | $43.5B |
| Portfolio Advisors | Fund of Funds | Darien, United States | $42.2B |
LPbacked tracks 755 investors whose stated real estate focus includes opportunistic, across 38 countries. 294 of them are family offices. The largest concentrations are in United States, United Kingdom, Canada.
Investors in ground-up development, heavy redevelopment and special situations with higher target returns. The mix here includes family office - single (200), real estate firm (185), public pension fund (155), family office - multi (94).
Filter to the investors whose strategy and geography match your deal or fund, read each profile to find a specific reason it fits, then reach the person who leads real estate allocations. A short, well-matched list outperforms a large generic one.
Filter by market, deal format and strategy, and see each investor\'s mandate, in the full list of opportunistic real estate investors on PropertyLPs.