STARWOOD CAPITAL GROUP MANAGEMENT, L.L.C.

Thesis

Starwood Capital Group is a global private investment firm founded in 1991, with a primary focus on real estate and real assets. The firm employs an opportunistic strategy, allowing flexibility across asset classes, geographies, and capital stack positions based on risk/return dynamics. With a multi-decade track record, Starwood Capital has acquired over $66 billion in opportunistic real estate assets and invests on behalf of institutional partners. Its investment discipline extends to energy infrastructure and oil & gas, with a hands-on real estate perspective. The firm actively invests in distressed debt and acquires cash-flowing assets at discounts. Starwood Capital operates globally, with investments in over 30 countries across the Americas, Europe, and Asia Pacific. Its opportunistic real estate funds, like SOF XIII, target transactions in the United States and Europe, focusing on residential, data center, industrial, and hospitality assets. As of December 31, 2025, the firm reported approximately $130 billion in AUM. Starwood Capital Group Management, L.L.C. manages $79.2 billion in discretionary assets and has raised over $90 billion since inception. Starwood Distressed Opportunity Fund XIII (SOF XIII) closed with over $10.2 billion in capital commitments. The average account size managed is $307 million. The firm has a global team of approximately 7,000 professionals across 21 offices and is an active ESG investor.