CBRE Private Infrastructure, a subsidiary of CBRE Investment Management, builds diversified global infrastructure portfolios for institutional investors through separate account structures (“SMAs”) and pooled vehicles. CBRE Private Infrastructure provides these services as part of both an Indirect Infrastructure business and a Direct Infrastructure business. The Indirect Business builds and manages SMAs that are customized to suit each client’s needs through a combination of direct investments, co-investments, secondaries, and fund investments. CBRE Private Infrastructure’s Direct Infrastructure platform is accessed primarily through the Firm’s open-end pooled fund, the CBRE Global Infrastructure Fund, (“CGIF”).
CBRE Investment Management is a leading global real assets investment management firm with $148.9 billion in assets under management* as of March 31, 2023, operating in more than 30 offices and 20 countries around the world.
Recent Highlights
- December 2022: CBRE IM established Accelerate Infrastructure to aggregate real property interests under critical infrastructure.
- December 2022: CBRE IM formed a strategic partnership with Forum Mobility to electrify heavy-duty trucking.
- January 2023: CBRE IM expanded its fiber footprint through the add-on acquisitions of Gateway Fiber and KwiKom.
Our vision & beliefs
We seek to lead the transition to a sustainable future. Recognizing that this can be achieved only as a collaborative effort, we encourage our partners to join us in delivering this ambition together. We focus on three material sustainability topics, identified through comprehensive stakeholder engagement:
Climate: We commit to address climate-related risks and opportunities by focusing on delivering net-zero operational carbon performance and physical resilience
People: We commit to champion diversity, equity, inclusion and the wellbeing of our people and other stakeholders
Influence: We commit to engage with and positively influence key stakeholders where we do not have direct management control
Investment process and research
CBRE Private Infrastructure’s investment process draws from the significant investment experience of the senior team, who bring with them the best practices from their tenure at some of the world’s leading institutional investment organizations. Access to a pipeline of diverse and attractive investment opportunities gives the Firm a greater likelihood of identifying and selecting investment opportunities that will outperform. The Firm’s investment process is structured to ensure its selection protocol is effective and efficient, and to screen out less attractive investments early in the process.
When conducting due diligence on certain sectors or geographies, the CBRE Private Infrastructure investment team will work with our in-house Insights & Intelligence team to forecast and identify attractive areas of investments. In addition, the Insights & Intelligence regularly provide investors with relevant research materials and client reporting.
CBRE Private Infrastructure team also often leverages the CBRE Listed Infrastructure team as a resource for market research and public infrastructure investment knowledge. Specifically, CBRE Listed Infrastructure provides valuable insights on investment sectors and themes globally as CBRE Private Infrastructure evaluates investment opportunities.
Strategies & products
CBRE Global Infrastructure Fund (“CGIF”): CGIF is an open-ended fund whose objective is to build a strong infrastructure return stream that is uncorrelated to an investor’s broader portfolio and that performs consistently over time and across varied market conditions. Consistent with this objective, the Fund’s primary focus is on mid-market core and core-plus sustainable assets characterized by a balance of regulated, long-term contracted and demand-driven revenue streams. The portfolio is globally diverse, focused primarily in OECD geographies and the Fund aims to generate an 8% to 12% net annual return with an average annual cash yield of 4% to 6%.
Separately Managed Accounts (“SMAs”): CBRE Private Infrastructure’s separate accounts are established for institutions seeking access to infrastructure on a customized basis. These accounts leverage the resources and capabilities of CBRE Private Infrastructure’s business and are customized to suit each client, essentially creating a “fund of one.” CBRE Private Infrastructure typically creates separate accounts for clients investing at least $250 million. The scope of the SMA mandates can vary from developing a broad-based global infrastructure portfolio to a particular mandate focused on higher returning value add and opportunistic infrastructure assets.
Compliance statement
This profile (the “Profile”) 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 may be amended, restated supplemented or otherwise modified from time to time, the “memorandum”) of the corresponding fund or program which describes risks relates to an investment in such fund or program as well as other important information about funds or programs and CBRE. This profile is qualified in its entirety by all information set forth in the memorandum and the applicable partnership or advisory agreement and subscription documents, including all disclaimers, risk factors and conflicts of interests contained therein. The reader is cautioned that this profile does not provide full disclosure of all material facts relating to CBRE or its funds or programs and that the reader must carefully review the memorandum, partnership or advisory agreement and subscription documents of the 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.