The manager graph behind U.S. private real estate capital. Which vehicles a manager swears to, what each reports year by year, what the manager says it does, and, where the evidence holds, which owner entities, properties, loans, lenders and pensions stand behind it. GAV is gross asset value on a filing date, never fund size, and every manager-to-property link carries its evidence class.

Manager

Clarion Partners

CRD 108803SEC 801-16611New York, NYclarionpartners.com$5B to $25BMulti-strategy
Form ADV on IAPD
What capital do they manage?
Real estate GAV
$20B GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
Vehicles
14 current, 21 ever, 5 dropped2 feeders, 2 funds of funds
First on the tape
2012the extract starts in 2011; an earlier history is not visible
Latest filing
Dec 20, 2024registered adviser
Adviser RAUM
$73Bthe whole adviser, all strategies; used for the quarantine test only
Fund types on the latest filing
Hedge Fund 3, Real Estate Fund 14
Latest vintage
2023from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
stated by the manager
Strategy
Multi-strategy
Operator model
Fund managerbasis: stated
Property types
Industrial, Multifamily, Office, Retail, Hotel, Life sciencebasis: stated
Markets
United States, Europe, pan-European, France, Netherlands, Germany, Spain, Italybasis: stated
Business kind (site)
REAL_ESTATE_MANAGER
AUM in its own words
$73.3 billionthe manager's statement, not a DFX figure
In the manager’s own words
  • Core: “Whether investing in core properties in prime locations, executing full-scale renovations, or overseeing ground-up development projects, "we don’t merely acquire value, we create it."”
  • Core plus: “from our scaled core/core plus funds to our value-add/opportunistic products”
  • Value add: “from our scaled core/core plus funds to our value-add/opportunistic products”
  • Opportunistic: “First of a series of closed-end funds launched targeting opportunistic investments”
  • Debt: “Clients can access equity and debt investment strategies across the risk/return spectrum and spanning the major property types, from our scaled core/core plus funds to our value-add/opportunistic products.”
  • Development: “overseeing ground-up development projects”
  • Net lease: “It acquires assets subject to existing leases, invests through sale-leaseback transactions, and funds build-to-suit and speculative developments.”
  • Industrial: “We are scaled investors in primary sectors that include high-quality industrial, multifamily, office, retail, and hotel.”
  • Multifamily: “We are scaled investors in primary sectors that include high-quality industrial, multifamily, office, retail, and hotel.”
  • Office: “We are scaled investors in primary sectors that include high-quality industrial, multifamily, office, retail, and hotel.”
  • Retail: “We are scaled investors in primary sectors that include high-quality industrial, multifamily, office, retail, and hotel.”
  • Hotel: “We are scaled investors in primary sectors that include high-quality industrial, multifamily, office, retail, and hotel.”
  • Life science: “We have also developed expertise in alternative property types, such as life science/lab office and student housing.”
  • Student housing: “We have also developed expertise in alternative property types, such as life science/lab office and student housing.”
  • Healthcare: “Properties Industrial Healthcare”
  • United States: “Assets across the United States and Europe”
  • Europe: “Assets across the United States and Europe”
  • pan-European: “Clarion Partners Europe is a leading specialist investor in pan-European logistics.”
  • France: “Europe (predominantly France, Netherlands, Germany, Spain, Italy, Nordics, CEE, and UK)”
  • Netherlands: “Europe (predominantly France, Netherlands, Germany, Spain, Italy, Nordics, CEE, and UK)”
  • Germany: “Europe (predominantly France, Netherlands, Germany, Spain, Italy, Nordics, CEE, and UK)”
  • Spain: “Europe (predominantly France, Netherlands, Germany, Spain, Italy, Nordics, CEE, and UK)”
  • Italy: “Europe (predominantly France, Netherlands, Germany, Spain, Italy, Nordics, CEE, and UK)”
  • Nordics: “Europe (predominantly France, Netherlands, Germany, Spain, Italy, Nordics, CEE, and UK)”
  • CEE: “Europe (predominantly France, Netherlands, Germany, Spain, Italy, Nordics, CEE, and UK)”
  • UK: “Europe (predominantly France, Netherlands, Germany, Spain, Italy, Nordics, CEE, and UK)”
  • Chicago Area: “Chicago Area”
  • Dallas - Ft. Worth Area: “Dallas - Ft. Worth Area”
  • Nashville Area: “Nashville Area”
  • New York City Area: “New York City Area”
  • Philadelphia Area: “Philadelphia Area”
  • Seattle Area: “Seattle Area”
  • Atlanta Area: “Atlanta Area”
  • Denver Boulder Area: “Denver Boulder Area”
  • Indianapolis Area: “Indianapolis Area”
  • Portland Area: “Portland Area”
Vehicles
21 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleLifecycleName saysLPs
Clarion Lion Properties Fund, LP
805-4715412151
master$19B GAV 20245752012* to 2024unknownHarvesting
Clarion Logistics Uk Fund Scsp
805-9498889575
fund$675M GAV 2024102023 to 20242023Deploying
Campus-Clarion Student Housing Partners, LP
805-1053741416
master$201M GAV 2024352015 to 20242015Harvesting
CV Qoz Partners B, LP
805-4353845570
fund$186M GAV 2024752020 to 20242020Investing
CV Qoz Partners a, LP
805-7662232887
fund$124M GAV 2024552020 to 20242020Investing
Clarion Partners Real Estate Idf, LP
805-5618403931
fund of funds$47M GAV 202412019 to 20242019Mature
Clarion Partners Debt Investment Fund, LP
805-4989675672
fund$40M GAV 2024332016 to 20242016HarvestingDebt
Lion Mexico Fund, L.P.
805-4426596319
master$36M GAV 2024142012* to 2024unknownWinding down
Clarion Partners Multi Strategy Real Estate Offshore Fund LP
805-9491067505
fund of funds$31M GAV 2024292020 to 20242020Harvesting
Clarion Retail, L.P.
805-2416042173
fund$24M GAV 202422017 to 20242017Winding down
Clarion Ventures 4 L.P.
805-8567055984
master$16M GAV 2024242016 to 20242016Winding down
Clarion Ventures 4 Parallel L.P.
805-6698960375
feeder$11M GAV 202412017 to 20242017Winding down
Clarion Development Ventures III L.P.
805-1304943546
master$3M GAV 2024212012* to 2024unknownWinding downDevelopment
Clarion Ventures 4 Parallel II L.P.
805-5257449861
feeder$968,011 GAV 202412018 to 20242018Winding down
7 dropped, re-typed or historical vehicles
VehicleKindGAVOwnersReportedVintageLifecycleLifecycleName saysLPs
Clarion Gables Multifamily Trust, L.P.
805-3350411861, re-typed Hedge Fund
fund$4.3B GAV 2024852015 to 20242015Mature1
Lion Industrial Trust
805-3960090405, dropped 2013
fund$3.8B GAV 20122142012* to 2012unknownDropped from ADV2
Clarion Europe Logistics V Sca, Sicav-Sif
805-3418741508, re-typed Hedge Fund
master$2.1B GAV 2024152021 to 20242021Deploying
CIV Portfolio, LP
805-8553590620, dropped 2022
fund$350M GAV 202112021 to 20212021Dropped from ADV
Lion Gables Apartment Fund, L.P.
805-1012963173, dropped 2018
fund$1M GAV 2017702012* to 2017unknownDropped from ADV
Lion Value Fund, L.P.
805-2860936701, dropped 2021
master$1M GAV 2020412012* to 2020unknownDropped from ADV
Clarion Development Ventures II L.P.
805-6990568477, dropped 2017
master$0 GAV 2016392012* to 2016unknownDropped from ADVDevelopment
What do they actually own?
2 trusted of 2 candidate bindings
Owner entityVehicleProperties heldLoansEvidence
11930 NARCOOSSEE ROAD LLC
FL, auto sales and service, drive-in restaurant
manager only13 assessed $64.6MCorporate filing
sunbiz_officer_is_manager
CLPF 44 BERRY
NY
manager only1Corporate filing
dos_process_name_manager
Properties the manager names on its site
  • 1050 Walnut Street, 1050 Walnut Street, Denver, CO “1050 Walnut Street Denver, CO”
  • 280 Riverside Parkway SW, 280 Riverside Parkway SW, Austell, GA “280 Riverside Parkway SW Austell, GA”
  • 390 Madison Avenue, 390 Madison Avenue, New York City, NY “390 Madison Avenue New York City, NY”
  • 475 Brannan, 475 Brannan, San Francisco, CA “475 Brannan San Francisco, CA”
  • 600 North Michigan Ave., 600 North Michigan Ave., Chicago, IL “600 North Michigan Ave. Chicago, IL”
  • 75-125 Binney (Life Sciences), 75-125 Binney, Cambridge, MA (life science) “75-125 Binney (Life Sciences) Cambridge, MA”
  • 7951 Oceano Ave., 7951 Oceano Ave., Jessup, MD “7951 Oceano Ave. Jessup, MD (Baltimore area)”
  • Ashley Gables Buckhead, Atlanta, GA (multifamily) “Ashley Gables Buckhead Atlanta, GA”
  • Cole Creek Distribution Center, Houston, TX (industrial) “Cole Creek Distribution Center Houston, TX”
  • Commerce 30, Dallas, TX “Commerce 30 Dallas, TX”
  • Crossroads Distribution Center, Salt Lake City, UT (industrial) “Crossroads Distribution Center Salt Lake City, UT”
  • Fall River Distribution Center, Fall River, MA (industrial) “Fall River Distribution Center Fall River, MA”
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
  • AcquisitionMay 12, 2011$27.2M
    through CLPF 44 BERRY from CCM VENTURES 7
    re core owners apps.dos.ny.gov
Who finances them?
0 loans, 0 lender groups
No recorded loans through trusted holdings.
Who backs them?
4 allocators, 7 rows
  • Connecticut Retirement Plans and Trust Funds in Lion Industrial Trust exact_name$150M committed, as of Jul 8, 2026 portal.ct.gov
  • Los Angeles City Employees' Retirement System in Clarion Lion Trust Fund manager_brand$75.0M committed, as of May 12, 2026 lacers.org
  • New York State Common Retirement Fund in Clarion Gables Multifamily Trust exact_name$359M fair value, as of Mar 31, 2025 osc.ny.gov
  • New York State Common Retirement Fund in Lion Industrial Trust exact_name$281M fair value, as of Mar 31, 2025 osc.ny.gov
  • New York State Common Retirement Fund in Clarion Separate Account manager_brand$85.5M committed, as of Jan 14, 2025 osc.ny.gov
  • Baptist Community Ministries in CLARION LION PROPERTIES - OPEN END REAL ESTATE FUND manager_brand$11.8M fair value, as of Sep 30, 2024 apps.irs.gov
  • New York State Common Retirement Fund in Lion Industrial Trust exact_name$300M committed, as of Apr 11, 2022 osc.ny.gov
People
Form ADV Schedule A, latest filing
  • Craig Richard Tagen Head Of Portfolio Management & Separate Accounts since 2008-01 also on pe
  • Jeffrey Hugh Macdonnell Chief Marketing Officer since 2014-03 also on pe, vc
  • David Joseph Gilbert Chief Executive Officer since 2017-05 also on pe
  • Susan Marie Boccardi General Counsel & Chief Compliance Officer since 2019-07 also on pe
  • David Thomas Confer Executive Board Member since 2021-01 also on pe
  • Ralph J Belford Chief Investment Officer since 2022-01 also on pe
  • Heather Brown Hopkins Chief Financial Officer since 2022-04 also on pe
  • Susan M Ansel Executive Board Member since 2023-01 also on pe
  • Jonathan Gelb Executive Board Member since 2023-01 also on pe
  • Indraneel Karlekar Managing Director since 2024-01 also on pe
  • Kimberly Adams Managing Director since 2024-02 also on pe
What is changing?
  • Vehicle first reported Dec 22, 2023 (observed) Clarion Logistics Uk Fund Scsp first reported on Form ADV by Clarion Partners, GAV $261,848,366
  • Vehicle dropped from ADV Dec 20, 2022 (observed) CIV Portfolio, LP no longer reported on Form ADV by Clarion Partners
  • Vehicle dropped from ADV Jun 29, 2021 (observed) Lion Value Fund, L.P. no longer reported on Form ADV by Clarion Partners
  • Vehicle first reported Jun 29, 2021 (observed) CIV Portfolio, LP first reported on Form ADV by Clarion Partners, GAV $349,767,239
  • Vehicle first reported Jun 29, 2021 (observed) Clarion Europe Logistics V Sca, Sicav-Sif first reported on Form ADV by Clarion Partners, GAV $146,459,111
  • Vehicle first reported Jun 30, 2020 (observed) CV Qoz Partners B, LP first reported on Form ADV by Clarion Partners, GAV $70,437,893
  • Vehicle first reported Jun 30, 2020 (observed) Clarion Partners Multi Strategy Real Estate Offshore Fund LP first reported on Form ADV by Clarion Partners, GAV $11,774,410
  • Vehicle first reported Jun 30, 2020 (observed) CV Qoz Partners a, LP first reported on Form ADV by Clarion Partners, GAV $48,504,677
  • Vehicle first reported Jun 28, 2019 (observed) Clarion Partners Real Estate Idf, LP first reported on Form ADV by Clarion Partners, GAV $18,428,385
  • Vehicle first reported May 31, 2018 (observed) Clarion Ventures 4 Parallel II L.P. first reported on Form ADV by Clarion Partners, GAV $9,605,801
  • Vehicle dropped from ADV May 31, 2018 (observed) Lion Gables Apartment Fund, L.P. no longer reported on Form ADV by Clarion Partners
  • Vehicle first reported Jun 30, 2017 (observed) Clarion Ventures 4 Parallel L.P. first reported on Form ADV by Clarion Partners, GAV $79,464,175
  • Vehicle first reported Jun 30, 2017 (observed) Clarion Retail, L.P. first reported on Form ADV by Clarion Partners, GAV $130,684,804
  • Vehicle dropped from ADV Jun 30, 2017 (observed) Clarion Development Ventures II L.P. no longer reported on Form ADV by Clarion Partners
  • Vehicle first reported Mar 29, 2016 (observed) Clarion Partners Debt Investment Fund, LP first reported on Form ADV by Clarion Partners, GAV $7,178,159
  • Vehicle first reported Mar 29, 2016 (observed) Clarion Ventures 4 L.P. first reported on Form ADV by Clarion Partners, GAV $27,861,729
  • Vehicle first reported Mar 26, 2015 (observed) Clarion Gables Multifamily Trust, L.P. first reported on Form ADV by Clarion Partners
  • GAV reading quarantined Mar 26, 2015 (observed) Clarion Development Ventures III L.P.: 2015 gross asset value $428,685,177 quarantined (vehicle_gav_year_outlier)
  • Vehicle first reported Mar 26, 2015 (observed) Campus-Clarion Student Housing Partners, LP first reported on Form ADV by Clarion Partners, GAV $2,387,614
  • GAV reading quarantined Mar 31, 2014 (observed) Lion Value Fund, L.P.: 2014 gross asset value $717,794,311 quarantined (vehicle_gav_year_outlier)
  • GAV reading quarantined Apr 1, 2013 (observed) Lion Value Fund, L.P.: 2013 gross asset value $826,903,692 quarantined (vehicle_gav_year_outlier)
  • Vehicle dropped from ADV Apr 1, 2013 (observed) Lion Industrial Trust no longer reported on Form ADV by Clarion Partners
  • First ADV filing on the tape Mar 30, 2012 (observed) Clarion Partners first filed Form ADV in the extract (IA)
  • Vehicle first reported Mar 30, 2012 (observed) Clarion Development Ventures III L.P. first reported on Form ADV by Clarion Partners, GAV $203,207,000 (tape start: the fund may be older)
  • Vehicle first reported Mar 30, 2012 (observed) Lion Mexico Fund, L.P. first reported on Form ADV by Clarion Partners, GAV $620,300,000 (tape start: the fund may be older)
  • GAV reading quarantined Mar 30, 2012 (observed) Lion Value Fund, L.P.: 2012 gross asset value $848,136,969 quarantined (vehicle_gav_year_outlier)
  • Vehicle first reported Mar 30, 2012 (observed) Lion Value Fund, L.P. first reported on Form ADV by Clarion Partners, GAV $848,136,969 (tape start: the fund may be older)
  • Vehicle first reported Mar 30, 2012 (observed) Clarion Lion Properties Fund, LP first reported on Form ADV by Clarion Partners, GAV $5,800,000,000 (tape start: the fund may be older)
  • Vehicle first reported Mar 30, 2012 (observed) Lion Gables Apartment Fund, L.P. first reported on Form ADV by Clarion Partners, GAV $2,200,000,000 (tape start: the fund may be older)
  • Vehicle first reported Mar 30, 2012 (observed) Lion Industrial Trust first reported on Form ADV by Clarion Partners, GAV $3,800,000,000 (tape start: the fund may be older)
Across DFX

Bridged by shared CRD, CIK or SEC fund id only; the same institution’s PE portfolio companies and its real estate holdings stay on their own graphs.