CBRE Caledon Capital Management Inc. (“CBRE Caledon”) is a leading infrastructure and private equity solutions provider. CBRE Caledon creates long-term value for its investors by accessing and managing high quality investment opportunities and building comprehensive infrastructure and private equity portfolios. Today, its dedicated team of over 50 professionals represents over $10 billion on behalf of institutional investors globally. CBRE Caledon is a separate business unit within CBRE’s independently operated investment management subsidiary, CBRE Global Investors. CBRE Global Investors is one of the world’s largest real asset investment management firms with $106 billion in assets under management. The Firm sponsors real asset investment programs across the risk/return spectrum in the Americas, Europe and Asia for over 500 institutional investors worldwide.
- CBRE Caledon made a $260 million investment in Pattern Energy, a US-based independent renewable energy firm. The investment was made on behalf of its open-end fund as well as its separately managed accounts and co-investors
- CBRE Caledon acquired 100% of Norled A.S., an availability based Norwegian ferry operator founded in 1855, alongside a Nordic specialist fund manager
- CBRE Caledon has hired Darrin Pickett as the new head of Asset Management. Darrin will be responsible for the overarching asset management strategy for the Firm’s infrastructure investments, working in conjunction with the investment team
Vision & Beliefs
CBRE Caledon’s mission is to build global private markets solutions for institutional investors and deliver superior investment results with a client focus that embodies the Firm’s core values of trust, integrity, humility, respect and excellence.
CBRE Caledon believes that infrastructure is an essential component of an institutional investment program. CBRE Caledon’s vision is to create global, well-diversified infrastructure investment portfolios that focus on achieving strong risk-adjusted returns for its investors. Responsible investing is an integral part of the investment management process and CBRE Caledon is committed to ensuring sound ESG practices are observed across the organization.
Investment process and research
CBRE Caledon’s objective is to build strong infrastructure return streams that perform consistently over time and across varied market conditions. When evaluating opportunities, the critical defining factor will always be to ensure that the underlying economic equation works for each of the individual assets so as to increase the likelihood that they will generate the required long-term returns. Exposure to a well-diversified portfolio will dampen the likelihood of any single non-performing asset having a detrimental effect on the overall portfolio return. In addition, CBRE Caledon understands that an individual asset’s investment characteristics may evolve over the duration of that asset’s life and will make requisite adjustments to the investors’ portfolios to ensure they consistently deliver a strong infrastructure return on an overall portfolio basis. CBRE Caledon will hold most assets for a long duration but may have shorter holds in select cases as a result of a change in the nature of an asset or a unique opportunity to create value consistent with the objectives of the investor.
CBRE Caledon’s senior management and compliance team, maintain, monitor and enforce a system of risk oversight, risk management and internal control over material business risks, including the accuracy of financial reporting. CBRE Caledon’s compliance team, led by the Chief Compliance Officer, maintain policies and procedures that establish a system of controls and supervision sufficient to provide reasonable assurance that CBRE Caledon, and each individual acting on its behalf, comply with a code of ethics, regulatory requirements and fiduciary obligations and to manage the risks associated with its business in accordance with prudent business practices.
The information contained herein does not constitute an offer to sell or a solicitation of an offer to purchase any security. Any such offer or solicitation shall be made only pursuant to a confidential private placement memorandum (as amended, restated, supplemented or otherwise modified from time to time, the “Memorandum”), the partnership or advisory agreement and/or the subscription documents of the corresponding fund or program, which describes risks related to an investment in such fund or program as well as other important information about the fund or program and CBRE Caledon.
The reader is cautioned that the statements provided herein do not provide full disclosure of all material facts relating to CBRE Caledon, its funds or programs or this investment opportunity and that the reader must carefully review a confidential private placement memorandum, partnership or advisory agreement and subscription documents of a fund or program in their entirety and should consult with its own investment, accounting, regulatory, tax and other advisors as to the consequences of such investment prior to investing in such fund or program.
For the purposes of the European Directive on Alternative Fund Managers (Directive 2011/61/EU), the relevant fund or program will constitute a “non-EU AIF” whose “AIFM” is a non-EU AIFM. Marketing to any investor domiciled or with a registered office in the European Economic Area (“EEA”) will be restricted by such laws and no such marketing shall take place except as permitted by such laws. Interests in the relevant fund or program may only be offered and issued in accordance with applicable laws in relevant member states, and potential investors should ensure they are able to subscribe for an interest in the relevant fund or program in accordance with those laws. In the EEA, interests in the relevant fund or program are only being marketed to professional investors, being investors that are considered to be a professional client or may, on request, be treated as a professional client, within the meaning of Annex II to Directive 2004/39/EC (MiFID), as implemented in the relevant member states.