Cbre Investment Management Indirect Limited
- Regulatory AUM
- $50.4B
- Discretionary
- $45.4B
- Clients
- 76
- Avg AUM / client
- $663M
- Accounts
- 76
- Employees
- 122
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Asset allocation (SMA assets by investment type)
as of Mar 30, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 12 | $13.0B | 25.9% |
| Pension and profit sharing plans | 24 | $10.7B | 21.3% |
| State or municipal government entities | 31 | $17.4B | 34.4% |
| Insurance companies | 9 | $9.3B | 18.5% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $6.9B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Cbre Global Alpha Fund Fcp Sif master | Real Estate Fund | Luxembourg | $6.6B | 157 |
| Cbre Global Special Situations Fund Scsp | Real Estate Fund | Luxembourg | $302M | 18 |
| Cbre Real Estate Partners 2 Scsp | Real Estate Fund | Luxembourg | $40.6M | 9 |
| Cbre Global Investment Partners Asia Fund Iii | Real Estate Fund | Ireland | $18.9M | 7 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Roantree, Gillian, Anne | Chief Operating Officer Real Estate | Jan 2016 (11y) | Less than 5% | |
| Gandhi, Achal, Mahesh | Chief Investment Officer Global Indirect Real Estate Strategies | Oct 2018 (8y) | Less than 5% | |
| Bignell, Alexander, Robert | Head Of Global Transaction Management | May 2019 (7y) | Less than 5% | |
| Storrs, Steven, William | Head Of Global Portfolio Management | Nov 2022 (4y) | Less than 5% | |
| Chopra, Manu, Sheel | General Counsel Emea And Global Indirect | Oct 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Cbre Investment Management Netherlands Holding B.V. | Shareholder | Jan 2005 | A | 75% or more |
| Cbre Partner Inc. | Shareholder | Nov 2024 | B | ≈ 31.64% – 100% via Cbre Holdco Inc. |
| Cbre, Inc | Shareholder | Mar 2013 | B | ≈ 23.73% – 100% via Cbre Partner Inc. |
| Cbre Services, Inc. | Shareholder | Nov 2024 | B | ≈ 17.8% – 100% via Cbre, Inc |
| Cbre Group, Inc. | Shareholder | Jun 2004 | B | ≈ 13.35% – 100% via Cbre Services, Inc. |
| Cbre Holdco Inc. | Shareholder | Nov 2024 | B | ≈ 42.19% – 100% via Cbre Us Liftco Llc |
| Cbre Us Liftco Llc | Shareholder | Nov 2024 | B | ≈ 56.25% – 100% via Cbre Investment Management Netherlands Holding B.V. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Cbre Partner Inc.: 75% – 100% of Cbre Holdco Inc. × 75% – 100% of Cbre Us Liftco Llc × 75% – 100% of Cbre Investment Management Netherlands Holding B.V. × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Cbre, Inc: 75% – 100% of Cbre Partner Inc. × 75% – 100% of Cbre Holdco Inc. × 75% – 100% of Cbre Us Liftco Llc × 75% – 100% of Cbre Investment Management Netherlands Holding B.V. × 75% – 100% direct ≈ 23.73% – 100% of the firm
- Cbre Services, Inc.: 75% – 100% of Cbre, Inc × 75% – 100% of Cbre Partner Inc. × 75% – 100% of Cbre Holdco Inc. × 75% – 100% of Cbre Us Liftco Llc × 75% – 100% of Cbre Investment Management Netherlands Holding B.V. × 75% – 100% direct ≈ 17.8% – 100% of the firm
- Cbre Group, Inc.: 75% – 100% of Cbre Services, Inc. × 75% – 100% of Cbre, Inc × 75% – 100% of Cbre Partner Inc. × 75% – 100% of Cbre Holdco Inc. × 75% – 100% of Cbre Us Liftco Llc × 75% – 100% of Cbre Investment Management Netherlands Holding B.V. × 75% – 100% direct ≈ 13.35% – 100% of the firm
- Cbre Holdco Inc.: 75% – 100% of Cbre Us Liftco Llc × 75% – 100% of Cbre Investment Management Netherlands Holding B.V. × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Cbre Us Liftco Llc: 75% – 100% of Cbre Investment Management Netherlands Holding B.V. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $6.9B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Cbre Global Alpha Fund Fcp Sif | Real Estate Fund | $6.6B | $5.0M | 157 |
| Cbre Global Special Situations Fund Scsp | Real Estate Fund | $302M | $10.0M | 18 |
| Cbre Real Estate Partners 2 Scsp | Real Estate Fund | $40.6M | $10.0M | 9 |
| Cbre Global Investment Partners Asia Fund Iii | Real Estate Fund | $18.9M | $5.0M | 7 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 3.13 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE U.S. SECURITIES AND EXCHANGE COMMISSION ("SEC") ALLEGED THAT CBRE, INC.'S FORM SEPARATION AGREEMENT INCLUDED LANGUAGE THAT THE SEC CONSIDERED AS IMPEDING AN EMPLOYEE'S ABILITY TO REPORT POTENTIAL CONCERNS TO REGULATORS. THE SEC INDICATED THAT IT WAS NOT AWARE OF SPECIFIC INSTANCES IN WHICH A FORMER CBRE, INC. EMPLOYEE WAS PREVENTED FROM COMMUNICATING WITH SEC STAFF ABOUT POTENTIAL VIOLATIONS OF SECURITIES LAWS, OR IN WHICH CBRE, INC. TOOK ACTION AGAINST A FORMER EMPLOYEE BASED ON THE RELEVANT REPRESENTATIONS. WHEN THE SEC NOTIFIED CBRE, INC. OF THEIR CONCERN, CBRE INC. ACTED SWIFTLY TO REVISE THE LANGUAGE IN QUESTION AND ALSO CONTACTED FORMER EMPLOYEES WHO SIGNED THE RELEASE TO GIVE THEM CLARIFICATION. Status: Final Sanction Detail: CBRE, INC. PAID $375,000 CIVIL MONEY PENALTY ON SEPTEMBER 20, 2023. Summary: IN SEPTEMBER 2023, CBRE, INC., WITHOUT ADMITTING OR DENYING THE FINDINGS, ENTERED INTO A SETTLEMENT ORDER WITH THE SEC. THE ORDER IS FINAL. THE FINE OF $375,000 WAS PAID PURSUANT TO THE TERMS OF THE ORDER, AND THE SEC COMMENDED CBRE'S COOPERATION AND REMEDIATION EFFORTS.
Allegations: THE U.S. SECURITIES AND EXCHANGE COMMISSION ("SEC") ALLEGED THAT CBRE, INC.'S FORM SEPARATION AGREEMENT INCLUDED LANGUAGE THAT THE SEC CONSIDERED AS IMPEDING AN EMPLOYEE'S ABILITY TO REPORT POTENTIAL CONCERNS TO REGULATORS. THE SEC INDICATED THAT IT WAS NOT AWARE OF SPECIFIC INSTANCES IN WHICH A FORMER CBRE, INC. EMPLOYEE WAS PREVENTED FROM COMMUNICATING WITH SEC STAFF ABOUT POTENTIAL VIOLATIONS OF SECURITIES LAWS, OR IN WHICH CBRE, INC. TOOK ACTION AGAINST A FORMER EMPLOYEE BASED ON THE RELEVANT REPRESENTATIONS. WHEN THE SEC NOTIFIED CBRE, INC. OF THEIR CONCERN, CBRE INC. ACTED SWIFTLY TO REVISE THE LANGUAGE IN QUESTION AND ALSO CONTACTED FORMER EMPLOYEES WHO SIGNED THE RELEASE TO GIVE THEM CLARIFICATION. Status: Final Sanction Detail: CBRE, INC. PAID A $375,000 CIVIL MONEY PENALTY ON SEPTEMBER 20, 2023 Summary: IN SEPTEMBER 2023, CBRE, INC., WITHOUT ADMITTING OR DENYING THE FINDINGS, ENTERED INTO A SETTLEMENT ORDER WITH THE SEC. THE ORDER IS FINAL. THE FINE OF $375,000 WAS PAID PURSUANT TO THE TERMS OF THE ORDER, AND THE SEC COMMENDED CBRE'S COOPERATION AND REMEDIATION EFFORTS.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Alter Domus $11.0B (22% of AUM) Mar 2026
- Nortrust Nominee Limited $8.5B (17% of AUM) Mar 2026
- Northern Trust $7.4B (33% of AUM) Oct 2018
- BNY Mellon $3.3B (8% of AUM) Oct 2025
- State Street $2.6B (8% of AUM) Mar 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗