Alternatives

As a global leader in alternatives investing, we offer investment strategies and alternative funds across the whole spectrum, with key pillars in real estate, private debt & alternative credit, and private equity & infrastructure.

Our approach

We have a highly selective investment approach driven by disciplined and fundamental research, allowing us to identify relative value and illiquidity premium for the benefit of our clients. Active risk monitoring is fully embedded in our investment process and we have strong sourcing capabilities thanks to our size, experience, and long-standing relationships with market participants.

We're Europe's leading alternatives platform

We're a leading alternatives platform and one of the largest worldwide with key pillars in real estate1, private debt2, alternative credit3, and private equity and infrastructure4

  • #2 real estate asset manager in Europe and #7 worldwide: ANREV / INREV / NCREIF Fund Manager Survey 2020. Rankings based on non-listed direct real estate assets under management.
  • #5 worldwide: 2019 Private Debt Investor Annual Review, December 2019 (based on capital raised over five years).
  • #1: PERE RED 50: Ranking based on capital raised for the purpose of real estate debt issuance between 1 January 2015 and 31 December 2019.
  • #4: Infrastructure Debt Investor – World Top 10 largest infrastructure debt managers based on assets under management. As of 6th February 2019 The references to league tables and awards are not an indicator of future performance or places in league tables or awards.

30+ years experience

We have a successful track record spanning 30+ years and multiple market cycles. We've launched new products, such as impact investing and alternative funds, and have extensive expertise in business development.

Three key pillars

Our alternatives capability is structured around three investment platforms: Real Assets, Structured Finance, and Chorus.

Alternatives

Our investment spectrum

Visit our local websites to know more about our Alternatives investment spectrum in your market.

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Real Assets

Our size, experience and structure enable us to offer clients a 360° view of real asset investing. We invest in both equity and debt, across different real asset classes, geographies and via private and listed instruments.

Structured Finance

With a history of innovation and a focus on in depth credit analysis and fundamental research, we originate opportunities across the non traditional credit spectrum to provide clients with opportunities for sourcing, diversification and spread pick-up. Our expertise includes private equity impact investing, leveraged loans and private debt, securitised assets including mortgages, bank capital transactions and insurance-linked securities.

Chorus

We invest globally in liquid equities, interest rate and currency instruments, taking a quantitative approach to get exposure to a diversified set of premia strategies, which are sources of performance that can be harvested systematically. Through premia selection, continuous research and combination, our strategy deploys a liquid diversified approach seeking to offer investors consistent risk-adjusted returns that have low correlation to traditional asset classes.

Responsible investing

We are fully committed to integrate ESG in our investment approach. We believe that driving the ESG agenda is one of the best ways to be in the position to generate long term & sustainable value for clients.

    Risk warning

    Investment in Alternatives involves risks including the loss of capital and some specific risks such as credit risk, liquidity risk, risks linked to method and model, counterparty risk, derivatives, volatility risk and geopolitical risk.