Updated September 2026

Real estate, infrastructure, energy and other hard-asset managers.

The Largest Real Assets and Infrastructure Managers

176 firms met the criteria · showing the ten largest · ranked by regulatory AUM on Form ADV

  1. 1

    Brookfield

    Brookfield entity investing in infrastructure, real estate, renewables, private equity and credit.

    brookfield.com
    $152.1Breg. AUM
  2. 2

    Global Infrastructure Partners

    Infrastructure investor in energy, transport, digital and water assets; now part of BlackRock.

    global-infra.com
    $142.2Breg. AUM
  3. 3

    Nuveen

    Alternatives arm of Nuveen investing in real estate, infrastructure, farmland and private capital.

    no verified site
    $141.4Breg. AUM
  4. 4

    Blackstone

    Blackstone's real estate investment arm, acquiring commercial property globally.

    blackstone.com
    $130.7Breg. AUM
  5. 5

    Principal Financial Group

    Real estate investment arm of Principal, managing equity and debt property strategies globally.

    principalam.com
    $105.6Breg. AUM
  6. 6

    Brookfield Asset Management

    Global alternative manager focused on infrastructure, renewable power, real estate, private equity and credit.

    brookfield.com
    $105.3Breg. AUM
  7. 7

    Cohen & Steers

    Asset manager specializing in listed real estate, infrastructure and other real assets.

    cohenandsteers.com
    $85.7Breg. AUM
  8. 8

    Stonepeak

    Alternative manager investing in infrastructure and real assets including transport, energy and digital.

    stonepeak.com
    $81.9Breg. AUM
  9. 9

    Starwood Capital Group

    Global private investment firm focused on real estate equity, debt, hotels and energy infrastructure.

    starwoodcapital.com
    $79.2Breg. AUM
  10. 10

    Blue Owl Capital

    Blue Owl's real estate arm investing in net lease properties leased to investment-grade tenants.

    blueowl.com
    $67.9Breg. AUM

How this register is built

The number

Regulatory assets under management as disclosed on Form ADV, filed with the SEC. Each filing is public.

The classification

Firms are placed by the strategy they are principally known for. A manager filing several entities appears once, at its largest.

What is excluded

Banks, brokerages, index managers and wealth advisers. Their assets are a different measure and ranking them beside a fund’s regulatory AUM would be meaningless.

Links

Every website is resolved to the firm’s own corporate domain and checked before publication. Where we cannot confirm one, we print no link rather than a guess.

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