CBRE Investment Management Welcomes Steven Storrs as Head of Portfolio Management for Indirect Private Real Estate Strategies
June 16, 2022
Steven Storrs has joined CBRE Investment Management as Head of Portfolio Management within Indirect Private Real Estate Strategies. Based in London, Storrs is responsible for the oversight of the Indirect Portfolio Management teams, setting top-down strategy for key mandates and selecting suitable investments brought forward by the Regional Investment teams. He is a member of the Indirect Real Estate Management Team and Leadership Team.
Prior to joining CBRE Investment Management Storrs was employed by Royal Bank of Canada Capital Markets in Dallas as the Head of Portfolio Management and the Head of North America and Asia Pacific Asset Management overseeing the Real Estate Capital Partners credit investment portfolio and other strategic initiatives. Prior to this he worked with Goldman Sachs in London as the Head of EMEA Portfolio Management and as a Vice President of Acquisitions and Asset Management for Real Estate in the U.S., and with Fortress Investment Group, where he was responsible for managing equity and structured debt investments within the Credit Funds business.
Storrs earned a Bachelor of Arts Degree in Business Economics and Modern American History from Brown University.
About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $146.8 billion in assets under management* as of March 31, 2022, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.
CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2021 revenue). CBRE has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.
*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.