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Adviser Profile

As of Date 07/10/2024
Adviser Type - Large advisory firm
Number of Employees 511 -17.58%
of those in investment advisory functions 299 3.82%
Registration SEC, Approved, 5/13/2009
AUM* 139,894,636,150 10.76%
of that, discretionary 139,894,636,150 10.79%
Private Fund GAV* 6,680,704,100 8.41%
Avg Account Size 1,916,364,879 -13.52%
SMA’s Yes
Private Funds 14 3
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- Other investment advisers
- Insurance companies
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
412B 353B 294B 235B 176B 118B 59B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count14 GAV$6,680,704,100

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Brochure Summary

Overview

Our Firm Corebridge Institutional Investments (U.S.), LLC (“CII” or the “Adviser”) is an indirect subsidiary of Corebridge Financial, Inc. (“Corebridge”), one of the largest providers of retirement solutions and insurance products in the United States. The Adviser was formerly known as AIG Asset Management (U.S.), LLC and initially registered with the United States Securities and Exchange Commission (“SEC”) as an investment adviser on May 13, 2009. CII and its affiliated firms, (see Item 10), provide investment management services to Corebridge, its affiliates, and unaffiliated institutional Clients. The Adviser also manages investment portfolios of private funds and other pooled investment vehicles (“Funds”) in which affiliated and unaffiliated parties are investors. CII also serves as a sub-adviser to affiliated investment managers, in the management of their institutional affiliate client accounts. The Adviser’s headquarters are located in New York, NY, with affiliated offices in Wilton, CT, Houston and Dallas, TX, Atlanta, GA, Greensboro NC, El Segundo, Los Angeles, and San Francisco, CA. As of December 31, 2023, the adviser managed approximately $140 billion in regulatory assets under management. The term Client utilized throughout this document is used as defined in the Glossary of Terms to Form ADV to mean the firm’s investment advisory clients. Our Advisory Services CII provides discretionary investment advice and asset management services over institutional Client portfolios pursuant to an investment management agreement (“IMA”) or similar governing document between the Adviser and Clients. The full scope of advisory services will be described in the IMA and may be changed from time to time as the Adviser and the Client agree, or pursuant to the Client’s instructions, as applicable. The Adviser consults with each Client to develop investment guidelines designed to align with the Client’s investment objectives and risk tolerance. These guidelines generally include categories of permitted and/or prohibited asset types of investment transactions, as well as limits or targets relating to portfolio or investment maturity and duration, concentration, rating, geographic exposure, industry or sector exposures or other considerations. Investment guidelines are typically documented in the IMA. ASSET TYPES Generally, CII offers investment management services with respect to the following types of investments and strategies, into which teams of investment professionals are grouped:
• Commercial Real Estate Debt
• Residential Mortgage Lending
• Real Estate Equity
• Public Credit;
• Private Credit; and
• Alternatives, Equities and External Mandates including: o Equity Index Strategies o Direct-equity investments o Hedge funds o Private equity funds o External Mandates The groups
are not separate legal entities of the Adviser, however each is responsible for providing investment advice over specific asset classes. As an overlay to CII’s management of these strategies, portfolio managers may also provide derivative services designed to hedge portfolio investments. This Brochure relates specifically to the team of investment professionals that focus on commercial real estate finance (“Corebridge Commercial Real Estate Finance”, “Commercial Mortgage Lending” or “CML”). Each of the Adviser’s other investment management groups are further described in greater detail in their respective disclosure brochures and all disclosures are filed with the SEC. The terms “we,” “us” or “our” in this brochure, refer to CII’s Commercial Mortgage Lending group, which, in some cases, includes Supervised Persons in legal entities other than CII. In addition, any references to “our employees”, “officers” or “personnel” include those from various legal entities who work in and support the Commercial Mortgage Lending group. COMMERCIAL MORTGAGE LENDING The Commercial Mortgage Lending group provides investment advice on a variety of products, including commercial mortgages originated or purchased as whole loans, loan participations, or structured investments. The Commercial Mortgage Lending group also provides investment advice on mezzanine loan transactions and leveraged loans. Loan participations and structured investments may be based on whole loans originated by the Adviser or an affiliate of the Adviser. These investments may be diversified geographically and by property type, including, inter alia, industrial, office buildings, hotels, shopping centers, mixed-use facilities and multi-family apartment buildings depending on the Clients’ investment parameters. Whole loans are generally secured by first mortgages and maturities typically range from 5 to 15 years. The Adviser consults with a Client to develop investment parameters aligned with the Client’s objectives that define the types of investment opportunities which are appropriate for the Client’s mandate. Investment parameters will be categorized by geography, property type, loan type, loan-to-value, or other factors detailed in each Client’s investment management agreement. The Adviser may provide discretionary or non-discretionary investment advice, and unaffiliated Clients may elect to:
• Be considered for any investment opportunity meeting the Client’s mandate, regardless of Corebridge affiliate participation, or
• Only be considered for investment opportunities where Coebridge affiliates will be participating. With this election, there may be instances in which the Adviser identifies a potential investment opportunity consistent with an unaffiliated Clients’ objectives, however does not proceed with the opportunity due to lack of participation by Corebridge affiliated Clients.