Founded in 1983, ASB Capital Management LLC is a well regarded institutional investment management firm with offices in Washington, DC and San Francisco, CA. As an SEC-registered investment advisor, ASB is a multi-product firm with domestic stock, bond and real estate expertise developed over the past thirty years. The firm currently manages over $10 billion in client assets on behalf of Corporations, Public Funds, Taft-Hartley pension plans, Endowment and Foundations, and charitable organizations.
Currently, ASB has investment responsibility for real estate assets totaling approximately $3.0 billion. ASB’s real estate investment products include a national open-end core real estate fund, a closed-end value-add real estate fund, and a large national pension fund separate account. The firm’s largest fund, ASB Allegiance Real Estate Fund, is a commingled, open-end equity real estate fund with 128 institutional investors. The Fund owns over $2 billion in assets across the country in 11 of the largest 15 metro markets in the U.S. consisting of 51 properties totaling 13 million square feet.
The ASB Real Estate Investments Group is comprised of 22 investment professionals with offices in Washington, D.C. and San Francisco. Through strategic asset selection, active hands on asset management, and prudent risk management, the firm’s investment objective is focused on implementing innovative, tenant focused strategies that generate industry leading long term income growth and asset appreciation. These strategies are rooted in three primary objectives: 1) focus on core, Class-A real estate investments with compelling competitive advantages that enhance tenant demand; 2) target proven, in-fill urban locations with long term job growth and substantive barriers to new development and 3) generate long term income growth by implementing accretive value enhancement strategies that improve asset quality and cash flow.