StepStone Real Estate (SRE), a real estate investment firm, has completed its previously reported acquisition of Courtland Partners. The firms are now fully integrated.
Founded in 1995, Courtland Partners was a leading institutional real estate investment adviser to pension funds, endowments, foundations, insurance companies, fund of funds and banks located in the United States, Europe and Asia.
With the integration, SRE now manages approximately $100 billion of capital allocations from institutional investors, including more than $3 billion of assets under management, and expects to deploy more than $10 billion over the next 12 months to real estate investments through primary fund investments, co-investments, secondaries and recapitalizations.
StepStone Real Estate is part of StepStone Group, a global private markets firm providing customized investment, portfolio monitoring and advisory solutions to some of the most sophisticated investors in the world.