Investor Member Definition
ANREV Investor members shall include investors whose role is to invest directly into non-listed real estate vehicles on their own account and/or on behalf of partners with full discretionary power, where non-discretionary capital is below 15% of the total invested capital into non-listed real estate.
Most of the capital is balance sheet capital from the main investor organisation and only like-minded investors are allowed to invest alongside the main capital provider.
This may include:
- Pension Funds including Pension providers owned or controlled by pension funds and/or social partners;
- Life Insurance Funds;
- Insurance Companies;
- Sovereign Wealth Funds;
- Family Offices;
- Charities / Endowment;
- Any other organisation approved by ANREV in its absolute discretion.
An Investor Member may be an organisation or a division of a broader organisation, whose investor function can be demonstrated to be organisationally separate from any investment management, advisory, capital raising or other activities that could potentially give rise to a conflict of interest with other ANREV Investor Members.