Top 25 Real Estate Hedge Funds 2021
2021 Top 25 Largest Real Estate Hedge Funds Overview
The 25 largest real estate hedge funds manage $286.8 billion in assets as of early 2021. 84% of the top real estate hedge funds are based in the United States. 32% of the largest real estate funds are based in New York.
With $61 billion in AUM, Cerberus Capital Management is the largest real estate hedge fund manager in 2021. Angelo Gordon and Oaktree Capital Management rank two and three, respectively, among the biggest real estate hedge funds.
Real estate funds invest in residential and commercial real estate and land in a number of ways, but the most common is through real estate securities such as REITs.
The below list of top real estate hedge funds includes hedge fund companies operating at least one hedge fund vehicle investing in real estate.
Top 25 Real Estate Hedge Funds 2021
List of the 25 biggest real estate hedge funds for 2021 ranked by assets under management (AUM)
Rank Fund Name City Country AUM Other Strategies 1.0 Cerberus Capital Management New York United States 61,347.7 Credit, Real Estate, Private Equity 2.0 Angelo Gordon & Co. New York United States 56,276.9 Real Estate, Fixed Income, Managed Futures, Multi Strategy 3.0 Oaktree Capital Management Los Angeles United States 38,350.0 Fixed Income, Real Estate, Distressed Assets 4.0 Almanac Realty Investors, LLC New York United States 24,546.1 Real Estate 5.0 CarVal Investors Minneapolis United States 15,734.0 Fixed Income, Real Estate 6.0 LaSalle Investment Management Chicago United States 14,321.1 Real Estate 7.0 Brummer and Partners Stockholm Sweden 14,200.0 Long/Short, Multi Strategy, Global Macro, Managed Futures 8.0 Lazard Alternatives New York United States 14,120.0 Multi Strategy, Real Estate, Long/Short 9.0 Rockpoint Group Boston United States 12,879.6 Real Estate 10.0 Rockwood Capital San Francisco United States 8,218.7 Real Estate 11.0 Guggenheim Capital Markets New York United States 4,640.9 Multi Strategy, Fixed Income, Real Estate 12.0 Stockbridge San Francisco United States 3,931.5 Real Estate 13.0 Blue Ridge Capital Atlanta United States 2,880.9 Real Estate 14.0 Contrarian Capital Management Greenwich United States 2,755.2 Multi Strategy, Distressed Assets, Real Estate, Emerging Markets 15.0 Dune Real Estate Partners New York United States 2,747.2 Real Estate 16.0 Cheyne Capital London United Kingdom 2,007.9 Real Estate, Fixed Income, Long/Short, Convertibles 17.0 Avanath Capital Management, LLC Irvine United States 1,896.9 Real Estate 18.0 Blue Vista Capital Partners Chicago United States 1,704.6 Real Estate 19.0 Aether Investment Partners Denver United States 1,222.8 Real Estate, Commodities, Fund of Funds 20.0 Avenue Capital Group New York United States 898.2 Real Estate, Fixed Income, Managed Futures 21.0 Gordian Capital Singapore Singapore 688.5 Fund of Funds, Long/Short, Global Macro, Real Estate 22.0 Farallon Capital Management San Francisco United States 505.4 Multi Strategy, Arbitrage, Real Estate 23.0 Equity Resource Investments Cambridge United States 403.0 Real Estate 24.0 Toscafund Asset Management London United Kingdom 289.0 Long/Short, Event Driven, Real Estate, Credit 25.0 GoldenTree Asset Management New York United States 282.6 Credit, Absolute Returns, Real Estate
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Key Stats on Top 25 Real Estate Hedge Funds – 2021
3 of the top 25 real estate hedge funds for 2021 are based in Europe (12%)
8 of the 25 largest real estate funds for 2021 are based in New York (42%)
The top 25 real estate hedge fund companies have $286.8 billion USD in assets under management (AUM)
The average AUM of the top 25 real estate funds for 2021 is $11.5 billion USD
The median AUM of the top 25 real estate hedge funds for 2021 is $2.9 billion USD
Get the full list of all real estate hedge funds in Excel format
The Real Estate Hedge Fund List has 35 categories of detailed information on all the funds above plus nearly 300 additional real estate funds. Everything from website to emails to senior staff, hiring status, number of clients and more is included. And it’s delivered in Excel format for easy use with any spreadsheet program or contact management system.
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