Kingbird’s Senior Managing Director, Kenneth Munkacy recently had the privilege of interviewing William (Bill) Schwab, who ran a $100 billion real estate portfolio for the Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund.
Partners in business for the past several decades, the candid discussion addressed how real estate investments for major institutional investors will shift in the post-pandemic world, including relative value against equities and fixed income, and active versus passive investment strategies. In attendance were several hundred institutional LPs and GPs from nine countries.