PPrivate Fund Data
CompaniesFundsPeopleRankingsScreener
July 20, 2026

The 25 Largest Real Estate Managers by AUM

The largest real estate managers registered with the SEC, ranked by regulatory assets under management. Every figure is drawn from current Form ADV filings.

# Manager Location Reg. AUM
1 J.P. Morgan Investment Management Inc. New York, NY $3,519.41B
2 Goldman Sachs Asset Management, L.P. New York, NY $2,648.9B
3 BlackRock Financial Management, Inc New York, NY $1,595.1B
4 Capfinancial Partners, LLC Raleigh, NC $1,236.7B
5 PGIM, Inc. Newark, NJ $1,131.64B
6 Alliancebernstein L.P. Nashville, TN $763.4B
7 Invesco Advisers, Inc. Atlanta, GA $749.52B
8 Apollo Capital Management, L.P. New York, NY $718.48B
9 UBS Asset Management (americas) LLC New York, NY $588.22B
10 JPMorgan Asset Management (UK) Limited London $484.1B
11 J.P. Morgan Private Investments Inc. New York, NY $469.98B
12 Ares Management LLC Los Angeles, CA $458.82B
13 Kohlberg Kravis Roberts & Co. L.P. New York, NY $399.9B
14 Barings LLC Charlotte, NC $392.75B
15 Fiam LLC Smithfield, RI $347.73B
16 Carlyle Investment Management L.L.C. Washington, DC $283.81B
17 Point72 Asset Management, L.P. Stamford, CT $274.1B
18 Guggenheim Partners Investment Management, LLC New York, NY $240.66B
19 Dws Investment Management Americas, Inc. New York, NY $199.66B
20 Invesco Asset Management Ltd. Henley-On-Thames $187.6B
21 Focus Partners Wealth, LLC St. Louis, MO $181.86B
22 Nuveen Alternatives Advisors LLC New York, NY $142.02B
23 Apg Asset Management US, Inc New York, NY $141.33B
24 BlackRock Asset Management North Asia Limited Hong Kong $140.25B
25 Blackstone Real Estate Advisors L.P. New York, NY $130.74B

Explore every manager and fund in the real estate directory.

Search 16,900 advisers and 60,000+ private funds.
Start searching · free