CBRE Investment Management Listed Real Assets LLC

The firm's listed real assets team operates under the global CBRE Investment Management umbrella, which is led by Chief Investment Officer David Chen as of 2023. The specific portfolio managers for the listed real assets strategies are not publicly disclosed, though the broader platform employs an investment committee structure. For current personnel, the firm's official website or SEC filings may provide the most recent information.

As a listed securities manager, this team sources investments through public equity and bond markets rather than direct acquisitions. They rely on CBRE Group's proprietary real estate data platform, its global research team, and fundamental credit analysis. This approach differs from the private real estate arm, which sources direct property and infrastructure deals.

No, it is an institutional asset manager and a subsidiary of CBRE Group, a publicly traded company on the NYSE under the ticker CBRE. It is not a family office — its clients are typically institutional investors such as pension funds, insurance companies, and sovereign wealth funds seeking liquid real asset exposure.

It primarily manages separate accounts and commingled funds that invest in publicly traded real estate and infrastructure securities. These are not direct property or infrastructure deals — the investments are in listed REITs and infrastructure equities. The parent CBRE Investment Management also runs closed-end private funds for direct real assets, but those are managed by separate teams.

The firm targets liquid public market strategies across real estate and infrastructure sectors. It does not invest in early-stage or venture-stage companies — its holdings are publicly traded operating companies. Stage focus includes core, core-plus, and growth-oriented listed securities, with a bias toward developed market stability.

The firm avoids direct property ownership and illiquid infrastructures — those are covered by CBRE Investment Management's private real estate and private infrastructure teams. It also does not invest in private equity, venture capital, or hedge fund strategies. Its focus is strictly on listed real estate and infrastructure securities.

The firm does not manage family wealth — it is an institutional asset manager with capital from pension funds, endowments, insurance companies, sovereign wealth funds, and other institutional investors. CBRE Group is a publicly traded corporation, and its investment management arm derives capital from third-party institutional clients.