Shelter Rock Capital Advisors has formed a strategic alliance with Penmount Partners to lead Shelter Rock’s expansion in Asia. Penmount’s managing partner is industry veteran Philip (Lev) Levinson a Singapore-based, real estate–focused capital adviser. He established Blackstone’s presence in Australia and, most recently, led the IPO of Cromwell European REIT, a €1 billion ($1.1 billion) diversified REIT with assets across five European countries, listed in Singapore — the first of its kind in Asia.
“Last year, Asian capital outflows into EMEA and the United States amounted to almost $35 billion,” said Levinson. “We are delighted to be partnering with Shelter Rock to provide our investor base with unique, independent access to opportunities in these markets.”
Founded in 2014, Shelter Rock Capital Advisors is a New York–based real estate and real assets capital advisory boutique offering capital-raising and related services to investment managers, operators and investors. The firm’s customized approach helps clients access the most appropriate sources of capital for a range of property types and geographies.
Penmount Partners is Singapore-based specialist capital advisory firm, providing targeted capital markets solutions to both the public and private real estate sectors throughout the region. Clients include REITs, private equity real estate funds and family offices.
