Clients
Cbre Investment Management Indirect Limited serves 76 clients, 31 of them state or municipal government entities. The average client has about $663 million with the firm.
- Pooled investment vehicles12 clients26%
- Pension and profit-sharing plans24 clients21%
- State or municipal government entities31 clients34%
- Insurance companies9 clients18%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 12 | $13,039,876,795 | 25.9% | $1.09B |
| Pension and profit-sharing plans | 24 | $10,716,968,848 | 21.3% | $446.5M |
| State or municipal government entities | 31 | $17,353,778,474 | 34.4% | $559.8M |
| Insurance companies | 9 | $9,313,931,075 | 18.5% | $1.03B |
| Total | 76 | $50,424,555,192 | 100% | $663.5M |
- Clients
- 12
- Regulatory AUM
- $13,039,876,795
- Share
- 25.9%
- Avg. per client
- $1.09B
- Clients
- 24
- Regulatory AUM
- $10,716,968,848
- Share
- 21.3%
- Avg. per client
- $446.5M
- Clients
- 31
- Regulatory AUM
- $17,353,778,474
- Share
- 34.4%
- Avg. per client
- $559.8M
- Clients
- 9
- Regulatory AUM
- $9,313,931,075
- Share
- 18.5%
- Avg. per client
- $1.03B
Total
- Clients
- 76
- Regulatory AUM
- $50,424,555,192
- Share
- 100%
- Avg. per client
- $663.5M
What it does
Cbre Investment Management Indirect Limited provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets, fixed fees and performance-based fees.
Cbre Investment Management Indirect Limited advises 5 private funds.
90.1% of assets ($45.43B across 72 accounts) are managed with discretion; $5.00B across 4 accounts are not. 98% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Funds100%
Custodians
Cbre Investment Management Indirect Limited’s client accounts are held mainly at Alter Domus, with 22% of managed assets, and Nortrust Nominee Limited, with 17%. Cbre Investment Management Indirect Limited has custody of $44.39B for 68 clients.
- Alter DomusAlter Domus · Guernsey and Luxembourg and Cayman Islands · $10.98B22%
- Nortrust Nominee LimitedNortrust Nominee Limited · London and Amsterdam · $8.49B17%
- All other custodians$30.96B61%
Ownership and leadership
Cbre Investment Management Netherlands Holding B.V. owns 75% or more of Cbre Investment Management Indirect Limited.
- Owns 75% or more of Cbre Investment Management Indirect Limited
Cbre Investment Management Netherlands Holding B.V.
Control person · since January 2005
- Owns 75% or more of Cbre Investment Management Netherlands Holding B.V.
Cbre US Liftco LLC
Control person · since November 2024
- Owns 75% or more of Cbre US Liftco LLC
Cbre Holdco Inc.
Control person · since November 2024
- Owns 75% or more of Cbre Holdco Inc.
Cbre Partner Inc.
Control person · since November 2024
- Owns 75% or more of Cbre Partner Inc.
Cbre, Inc
Control person · since March 2013
- Owns 75% or more of Cbre, Inc
Cbre Services, Inc.
Control person · since November 2024
- Owns 75% or more of Cbre Services, Inc.
Cbre Group, Inc.
Control person · since June 2004
Leadership
- Danny FrostChief Compliance Officer
- Alexander BignellHead of Global Transaction Management
- Manu ChopraGeneral Counsel - Emea & Global Indirect and Head of Operations - Global Indirect
- Achal GandhiChief Investment Officer - Global Indirect Real Estate Strategies
- Suchita PatelSenior Director - Emea Finance
- Steven StorrsHead of Global Portfolio Management
Staff
- 122 employees
- 82 in advisory functions
Fees
Cbre Investment Management Indirect Limited is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Cbre Investment Management Indirect Limited’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Cbre Investment Management Indirect Limited has 7 offices, with 4 listed addresses across 3 states.
California · 1 listed address
- 601 South Figueroa Street, Los Angeles
Massachusetts · 1 listed address
- 800 Boylston Street, Boston
Washington · 1 listed address
- 1420 5th Avenue, Seattle
Choose a state to see its listed addresses.
Registration details
- Legal name
- Cbre Investment Management Indirect Limited
- Headquarters
- Third Floor, One New Change, London, United Kingdom EC4M 9AF
- Phone
- 4402078099000
- Website
- Not reported
- SEC file
- 801-80391
- Structure
- other (specify) organized in United Kingdom
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Cbre Investment Management Indirect Limited have?
Cbre Investment Management Indirect Limited has 76 clients and manages $50.4 billion for them, as of March 2026. They include 31 state or municipal government entities, 24 pension and profit-sharing plans and 12 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Cbre Investment Management Indirect Limited offer?
Cbre Investment Management Indirect Limited provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Cbre Investment Management Indirect Limited use?
Cbre Investment Management Indirect Limited’s separately managed account assets are held at Alter Domus (Guernsey and Luxembourg and Cayman Islands), with $10,979,572,002 and Nortrust Nominee Limited (London and Amsterdam), with $8,487,298,192. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Cbre Investment Management Indirect Limited have?
Cbre Investment Management Indirect Limited has 0 investment adviser representatives registered with state securities authorities, out of 122 employees, and 82 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Cbre Investment Management Indirect Limited invest in?
At the end of its last fiscal year, Cbre Investment Management Indirect Limited’s separately managed accounts held 100% pooled vehicles (private funds and similar). It advises 5 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cbre Investment Management Indirect Limited?
Cbre Investment Management Indirect Limited is owned through a chain of holding companies by Cbre Group, Inc. Its direct owner is Cbre Investment Management Netherlands Holding B.V. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Cbre Investment Management Indirect Limited get paid?
Cbre Investment Management Indirect Limited is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file