Private Real Assets

private real assets

Our platform, which covers real estate and infrastructure, includes deep domain expertise across private and public markets, allowing the team to pursue value creation through rigorous analysis, sector specialization and strategic sourcing.

CAPABILITIES

Private Real Assets Solutions

Our platform combines strong deal flow and sector expertise to invest across real estate equity, debt, secondaries and infrastructure.

Almanac Realty

Seek to partner with best-in-class real estate companies by providing growth capital and assisting with execution of strategic plans

${{Almanac AUM}}B+

Assets Under Management

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Transactions Since Inception

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Average Years of Experience of Investment Committee Members

The Neuberger Approach

Since 1996, Almanac has been providing strategic capital to real estate companies and investment managers across North America, partnering with established, proven teams to underwrite and execute on business plans and to manage real estate investments across a variety of markets.
For 30 years, Almanac’s exclusive focus on real estate company-level investing has made it a preferred partner for platforms seeking growth capital. Our hallmark is: strong alignment of interests with management teams, risk mitigation through transaction structuring and value creation.
Almanac Strategies

Entity Level and GP Stakes

Almanac seeks to invest in real estate companies through two distinct strategies: at the entity level, where we are focused on investing in companies that own and operate real estate directly, while our GP Stakes strategy is focused on acquiring minority stakes in real estate investment managers.

Entity Level

Almanac primarily targets growth capital investments in experienced, mid-sized owners and operators of real estate with proven management teams, demonstrated success within a certain market, business plans focused on attractive opportunities and strong corporate governance.

GP Stakes

Almanac leverages its 41 years of real estate company investing expertise and deep networks to acquire minority equity in established, high-quality, growth-oriented real estate investment managers seeking capital to scale.

Current Investments

ECI Group logo
SparrowHawk
CIP Real Estate logo
key logo
Storage Post logo
Davlyn Investments Property Management logo
Klein Enterprises logo
Acre logo
Sherman Associates logo
Dermody Properties
Virtus Real Estate Capital
Waterton
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An Introduction to Almanac Realty

We believe that what sets us apart is our unique approach – investing in best-in-class real estate platforms.
- Matthew Kaplan, Head of Almanac, Managing Director

Related Insights

Private Markets Academy

Education

Private Markets Academy

Whether you’re building foundational knowledge or seeking advanced insights, the Neuberger Private Markets Academy offers access to accredited courses and educational resources designed to be explored at your own pace.

Highly Stable, Deep Team

Neuberger Private Markets is a global team of 470+ dedicated professionals, bringing deep, cycle‑tested expertise. Our senior investment team averages 21+ years of experience, supported by strong stability with ~98% senior professional retention. Above all, we’re aligned with clients, focused on distinctive objectives and partnership beyond capital.

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