Evergreen manages over $5.7 billion of institutional equity for real estate investment globally.
Evergreen is our principal investment program, which was initiated in 2005 with the creation of Evergreen Investment Advisors, an SEC-registered and wholly owned subsidiary of our firm. Since inception, Evergreen has invested in 13 specialized real estate companies in the U.S., Europe, Asia, Australia and South America.
Evergreen’s strategy targets entity-level investments in specialized, private real estate companies that have attractive long-term prospects for outperformance. It targets long-term investments (10+ years) that offer attractive cash yields and risk-adjusted returns, and generally makes equity commitments of $300 million to $500 million.