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Strengthen portfolios with real estate and private markets.

Pursue opportunities across the full capital spectrum, leveraging our time-tested track record in real estate and private markets.

Why Principal Asset Management

Top 10 Global real estate manager

Our scale and reputation give our clients access to high-quality opportunities.

65+ Years investing in private markets

Time-tested expertise and a long-term perspective that investors can rely on.

330+ Dedicated investment professionals

Leveraging networks and insights across diverse industries, capital structures, and geographies.

Pursue your diversification, return, and income objectives with Principal Asset Management
Feel aligned with us every step of the way

The alignment between our balance sheet and your investments fosters a rigorous and intentional approach to developing investment strategies and deploying our shared capital.


Enhance your portfolios where they need it most

Our proven, credible investment teams harness their expertise to provide you with access to both core and underexplored investment opportunities.


Gain access to high-quality opportunities

Meaningful relationships with U.S. based and global businesses deliver a healthy pipeline of deal opportunities, while our patience and selectivity ensure we identify the right ones that align with your goals.

Inside real estate & private markets

Tools and resources for financial professionals

The growing interest in alternative investments adds complexity to client portfolios. Our education platform helps equip financial professionals with the knowledge to understand, evaluate, and integrate these strategies effectively and responsibly.

Explore now

Access our offerings

Leveraging our global resources and local insights, we are constantly assessing the most effective ways to offer you high-conviction investment opportunities across real estate and private markets.3

Real Estate

Real estate investing has long been our hallmark. We offer expertise across private and public equity and debt. This 360° view allows us to deliver a broad range of diverse, customized real estate solutions designed to help meet your risk and return objectives.

Private Infrastructure

Our experienced private infrastructure team can help investors allocate capital and build a globally diversified portfolio across both core and core-plus asset opportunities, spanning energy, power, digital, transport and social infrastructure.

Investment Grade Private Credit

We provide flexible financing and bespoke solutions for investors, aiming to maximize risk-adjusted returns by focusing on the relative value opportunities while diversifying across the investment grade private credit universe.

Alternative Credit Direct Lending

We offer tailored solutions to sponsor-backed and non-sponsored lower and core middle-market companies. We provide investment opportunities targeting borrowers with $5m-$50m EBITDA, with the aim of delivering attractive risk-adjusted returns.

Featured insights
How U.S. middle market direct lending complements and enhances European portfolios
We outline why a complementary allocation to U.S. middle market direct lending may enhance portfolio diversification and potential returns.
July 9, 2026
Stable income from backbone assets: An institutional investor’s introduction to infrastructure debt
A guide to infrastructure debt, its benefits, risks, and growing investment opportunity.
July 6, 2026
2026 Mid-year Inside Real Estate outlook
Amid geopolitical volatility and shifting macro crosscurrents, the CRE recovery remains intact - but uneven, with wider dispersion than headlines reveal. This creates a market that is ripe for alpha discovery through careful property, market, and fund selection.
June 16, 2026
Private credit and debt: Resiliency through interest-rate cycles
Solid fundamentals, structure, and long-term discipline combine to make private credit and debt strategies historically resilient across rate cycles.
February 24, 2026

Footnotes

Managers ranked by total worldwide real estate assets (net of leverage, including contributions committed or received, but not yet invested; REOCs are included with equity; REIT securities are excluded), as of 30 June 2025. “The Largest Real Estate Investment Managers,” Pensions & Investments, 10 November 2025.

Principal Real Estate Investors became registered with the SEC in November 1999. Activities noted prior to this date were conducted beginning with the real estate investment management area of Principal Life Insurance Company and later Principal Capital Real Estate Investors, LLC, the predecessor firm to Principal Real Estate Investors.

As of 31 March 2026.

Past performance does not guarantee future results.

Investing involves risk, including possible loss of principal.

Real estate investment options are subject to risks associated with credit, liquidity, interest rate fluctuation, adverse general and local economic conditions, and decreases in real estate values and occupancy rates.

Private market investments, unlike publicly traded equities, involve a range of risks, including illiquidity, limited transparency, and higher minimum investment thresholds. The use of alternative investment strategies may further amplify these risks. Investments in private debt—such as leveraged loans, middle-market loans, mezzanine debt, and second-lien instruments—are subject to multiple risk factors, including credit risk, liquidity risk, and interest rate risk.

Private credit involves an investment in non-publicly traded securities which are subject to illiquidity risk. Portfolios that invest in private credit may be leveraged and may engage in speculative investment practices that increase the risk of investment loss. Fixed‐income investment options are subject to interest rate risk, and their value will decline as interest rates rise.