Real-asset investors

BlackRock acquisition of GIP (Global Infrastructure Partners); $600bn climate-related infrastructure thematic. BlackRock institutionalised distribution team to aid fundraising.

J.P. Morgan Asset Management is the real asset affiliate of JPMorgan Chase, deploying capital across real estate equity and debt strategies globally, including financing and advisory.

PERE 200 2024 Rank #82 | PERE 100 2023 Rank #55 | 5yr fundraising $2,638m

its majority shareholder Credit Agricole

Allianz-owned; PIMCO Prime RE / CRE credit

Institutional investor. based in Norway. LP type: Sovereign Wealth. AUM approximately 1941.74 USD billion. Asset class focus: Infrastructure. Sectors: infra_lp_top100_2025, Real Estate, re_lp_top150_2026. Active real asset investor

UBS AM - global private markets. Financial adviser and co-investor on secondaries.

Corporate overview UBS Asset Management's Global Real Assets business actively manages investments ofaround USD 120billion* globallyand regionally within Asia Pacific, Europe and the US, makingit one of the largest asset managers in real assets worldwide. Our capabilities reach across the risk /return spectrum, ranging from core to value- add and opportunistic strategies. We offer real estate, infrastructure equity and debt, and food & agriculture investments. Investors can access our diverse product range across open-and closed-ended private funds, investment trusts, listed funds, REITs and bespoke separately managed accounts. *Assetunder management stated on gross asset values basis, reflecting values as at 30 September 2025, where available.

Norwegian sovereign wealth fund (Government Pension Fund Global). Acquired 40% stake in Axa Lifestyle Housing (Boost Society student accommodation platform, primarily France and Spain) confirming active European PBSA allocation. One of the world's largest sovereign wealth funds with broad real estate exposure.