Key Takeaways
- • RCLCO Fund Advisors (RFA) and a.s.r. real assets investment partners (a.s.r. ip) announced a non-exclusive strategic global alliance to provide cross-border real estate investment capabilities to institutional investors in North America, Europe and Asia-Pacific.
- • RFA reports advising on approximately $122 billion as of July 2026 for pension funds, sovereign wealth funds, endowments, insurers and family offices.
- • The alliance spans market intelligence, data analytics, investment strategy and implementation, offering direct and separate account mandates, co-investments, sidecars, and listed or unlisted strategies.
- • The arrangement is a cooperation between two independent firms and does not create a joint venture, partnership or common ownership.
- • Both firms position the alliance around local market expertise, with RFA's Americas presence paired with a.s.r. ip's global real estate and fiduciary experience.
Summary
The alliance is structured to offer a broad range of investment solutions, from direct and separate account mandates to co-investments, sidecars, and listed or unlisted strategies. Institutional asset owners are expected to gain access to enhanced local market intelligence and capabilities spanning market entry strategy, portfolio construction, underwriting and due diligence, manager and operator search and oversight, portfolio monitoring, and customized investment vehicles. The alliance targets global pension funds, insurers, sovereign entities, endowments, family offices and foundations.
Luc Joosten, Managing Director at a.s.r. real assets investment partners, said the alliance pairs RFA's on-the-ground expertise in the Americas with a.s.r. ip's global real estate experience and fiduciary approach, which invests on behalf of the a.s.r. balance sheet and external clients. Taylor Mammen, CEO of RCLCO Fund Advisors, said institutional investors increasingly seek cross-border exposure and partners with genuine local expertise, adding that the partnership is built on the principle that real estate is fundamentally local.
RFA is the institutional real estate advisory and investment management affiliate of RCLCO Real Estate Consulting. Established in 2011 and registered with the SEC as an investment adviser since 2014, RFA states it works exclusively for investors. a.s.r. real assets, part of Dutch insurer a.s.r., oversees real estate, infrastructure and natural capital and has invested for more than 25 years. The release notes that a.s.r. real assets is licensed as an alternative investment fund manager in the Netherlands and is supervised by the AFM and the Dutch Central Bank.
The release states the arrangement is non-exclusive and creates no joint venture, partnership or common ownership, and that each firm remains responsible for its own services and regulatory obligations. The announcement is presented for informational purposes only and is not an offer to sell or a solicitation of any security or fund interest.
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