// SECTOR INVESTOR DOSSIER

Investors in Real Estate

71 investors with active positions in Real Estate unicorns — combined exposure across this sector $250B in paper valuation.

Note: combined paper valuation reflects overlapping investor positions — individual investors hold stakes in the same companies.

Tiger Global Management
VC FUND
4 companies in sector · $8B
↑ 16% PORTFOLIO STRENGTH↓ 26% PORTFOLIO RISK
Sequoia Capital China
VC FUND
3 companies in sector · $10.2B
↑ 23% PORTFOLIO STRENGTH↓ 44% PORTFOLIO RISK
SoftBank Vision Fund
VC FUND
3 companies in sector · $5B
↑ 5% PORTFOLIO STRENGTH↓ 53% PORTFOLIO RISK
Undisclosed Investors
VC FUND
2 companies in sector · $16B
Matrix Partners China
VC FUND
2 companies in sector · $7.9B
↑ 16.7% PORTFOLIO STRENGTH↓ 33.3% PORTFOLIO RISK
Tencent Holdings
CORPORATE
2 companies in sector · $7.6B
↑ 38.9% PORTFOLIO STRENGTH↓ 38.9% PORTFOLIO RISK
Warburg Pincus
VC FUND
2 companies in sector · $7.6B
↑ 7.1% PORTFOLIO STRENGTH↓ 50% PORTFOLIO RISK
General Atlantic
VC FUND
2 companies in sector · $5B
↑ 22% PORTFOLIO STRENGTH↓ 22% PORTFOLIO RISK
Kaszek Ventures
VC FUND
2 companies in sector · $5B
↑ 8.3% PORTFOLIO STRENGTH↓ 8.3% PORTFOLIO RISK
Monashees
VC FUND
2 companies in sector · $5B
↑ 0% PORTFOLIO STRENGTH↓ 0% PORTFOLIO RISK
GGV Capital
VC FUND
2 companies in sector · $3.3B
↑ 9% PORTFOLIO STRENGTH↓ 35% PORTFOLIO RISK
Andreessen Horowitz
VC FUND
2 companies in sector · $3B
↑ 19% PORTFOLIO STRENGTH↓ 28% PORTFOLIO RISK
Microsoft
CORPORATE
1 company in sector · $15B
↑ 15.4% PORTFOLIO STRENGTH↓ 23.1% PORTFOLIO RISK
Travis Kalanick
ANGEL
1 company in sector · $15B
Saudi Arabia Public Investment Fund
SOVEREIGN
1 company in sector · $15B
↑ 0% PORTFOLIO STRENGTH↓ 66.7% PORTFOLIO RISK
Travis Kalanik
VC FUND
1 company in sector · $15B
China International Capital Corporation
VC FUND
1 company in sector · $6.6B
↑ 28.6% PORTFOLIO STRENGTH↓ 57.1% PORTFOLIO RISK
Ribbit Capital
VC FUND
1 company in sector · $4B
↑ 19% PORTFOLIO STRENGTH↓ 23% PORTFOLIO RISK
QED Investors
VC FUND
1 company in sector · $4B
↑ 12.5% PORTFOLIO STRENGTH↓ 12.5% PORTFOLIO RISK
Existing Investors Secondary Transaction
VC FUND
1 company in sector · $4B
SoftBank Latin America Fund
VC FUND
1 company in sector · $4B
↑ 8.3% PORTFOLIO STRENGTH↓ 8.3% PORTFOLIO RISK
Goldman Sachs
INVESTMENT BANK
1 company in sector · $3B
↑ 31% PORTFOLIO STRENGTH↓ 44% PORTFOLIO RISK
Morgan Stanley
INVESTMENT BANK
1 company in sector · $3B
↑ 41% PORTFOLIO STRENGTH↓ 51% PORTFOLIO RISK
Barclays
INVESTMENT BANK
1 company in sector · $3B
↑ 18.8% PORTFOLIO STRENGTH↓ 68.8% PORTFOLIO RISK
Founders Fund
VC FUND
1 company in sector · $3B
↑ 15% PORTFOLIO STRENGTH↓ 28% PORTFOLIO RISK
Fidelity Investments
VC FUND
1 company in sector · $3B
↑ 37% PORTFOLIO STRENGTH↓ 59% PORTFOLIO RISK
Wellington Management
VC FUND
1 company in sector · $3B
↑ 29.4% PORTFOLIO STRENGTH↓ 47.1% PORTFOLIO RISK
Thrive Capital
VC FUND
1 company in sector · $3B
↑ 20% PORTFOLIO STRENGTH↓ 16% PORTFOLIO RISK
Institutional Venture Partners
VC FUND
1 company in sector · $3B
↑ 26.7% PORTFOLIO STRENGTH↓ 53.3% PORTFOLIO RISK
Qatar Investment Authority
SOVEREIGN
1 company in sector · $3B
↑ 27.3% PORTFOLIO STRENGTH↓ 36.4% PORTFOLIO RISK
Ant Financial
VC FUND
1 company in sector · $2.6B
↑ 37.5% PORTFOLIO STRENGTH↓ 37.5% PORTFOLIO RISK
Xiaomi
VC FUND
1 company in sector · $2.6B
↑ 0% PORTFOLIO STRENGTH↓ 42.9% PORTFOLIO RISK
Shenzhen Capital Group
VC FUND
1 company in sector · $2.6B
JPMorgan Chase
INVESTMENT BANK
1 company in sector · $2B
↑ 23% PORTFOLIO STRENGTH↓ 49% PORTFOLIO RISK
Y Combinator
ACCELERATOR
1 company in sector · $2B
↑ 9% PORTFOLIO STRENGTH↓ 27% PORTFOLIO RISK
Caffeinated Capital
VC FUND
1 company in sector · $2B
↑ 0% PORTFOLIO STRENGTH↓ 50% PORTFOLIO RISK
Moore Specialty Credit
VC FUND
1 company in sector · $2B
Zillow Group
VC FUND
1 company in sector · $2B
Ares Management
VC FUND
1 company in sector · $2B
Menlo Ventures
VC FUND
1 company in sector · $1.6B
↑ 14.3% PORTFOLIO STRENGTH↓ 14.3% PORTFOLIO RISK
Crosslink Capital
VC FUND
1 company in sector · $1.6B
↑ 0% PORTFOLIO STRENGTH↓ 25% PORTFOLIO RISK
Fortress Investment Group
VC FUND
1 company in sector · $1.6B
Groupe Arnault
VC FUND
1 company in sector · $1.6B
Zeev Ventures
VC FUND
1 company in sector · $1.6B
↑ 0% PORTFOLIO STRENGTH↓ 20% PORTFOLIO RISK
Cota Capital
VC FUND
1 company in sector · $1.6B
Jefferies Financial Group
VC FUND
1 company in sector · $1.6B
CMC Capital Partners
VC FUND
1 company in sector · $1.3B
↑ 0% PORTFOLIO STRENGTH↓ 100% PORTFOLIO RISK
ZhenFund
VC FUND
1 company in sector · $1.3B
↑ 25% PORTFOLIO STRENGTH↓ 50% PORTFOLIO RISK
Meituan-Dianping
VC FUND
1 company in sector · $1.3B
↑ 0% PORTFOLIO STRENGTH↓ 66.7% PORTFOLIO RISK
China Merchants Shekou Industrial Zone Holdings
VC FUND
1 company in sector · $1.3B
Insight Partners
VC FUND
1 company in sector · $1B
↑ 20% PORTFOLIO STRENGTH↓ 17% PORTFOLIO RISK
Mubadala Investment Company
SOVEREIGN
1 company in sector · $1B
↑ 28.6% PORTFOLIO STRENGTH↓ 42.9% PORTFOLIO RISK
Coatue Management
VC FUND
1 company in sector · $1B
↑ 8% PORTFOLIO STRENGTH↓ 22% PORTFOLIO RISK
SoftBank
VC FUND
1 company in sector · $1B
↑ 18.2% PORTFOLIO STRENGTH↓ 54.5% PORTFOLIO RISK
Matrix Partners
VC FUND
1 company in sector · $1B
↑ 33.3% PORTFOLIO STRENGTH↓ 22.2% PORTFOLIO RISK
Existing Investors
VC FUND
1 company in sector · $1B
Temasek Holdings
SOVEREIGN
1 company in sector · $1B
↑ 15% PORTFOLIO STRENGTH↓ 54% PORTFOLIO RISK
D1 Capital Partners
VC FUND
1 company in sector · $1B
↑ 32% PORTFOLIO STRENGTH↓ 18% PORTFOLIO RISK
Vulcan Capital
VC FUND
1 company in sector · $1B
↑ 50% PORTFOLIO STRENGTH↓ 0% PORTFOLIO RISK
Emergence Capital
VC FUND
1 company in sector · $1B
↑ 40% PORTFOLIO STRENGTH↓ 40% PORTFOLIO RISK
Riverwood Capital
VC FUND
1 company in sector · $1B
↑ 28.6% PORTFOLIO STRENGTH↓ 57.1% PORTFOLIO RISK
ICONIQ Growth
VC FUND
1 company in sector · $1B
↑ 15.4% PORTFOLIO STRENGTH↓ 0% PORTFOLIO RISK
SAIF Partners
VC FUND
1 company in sector · $1B
↑ 0% PORTFOLIO STRENGTH↓ 25% PORTFOLIO RISK
JD.com
VC FUND
1 company in sector · $1B
↑ 0% PORTFOLIO STRENGTH↓ 100% PORTFOLIO RISK
Elevation Capital
VC FUND
1 company in sector · $1B
↑ 0% PORTFOLIO STRENGTH↓ 0% PORTFOLIO RISK
Target Global
VC FUND
1 company in sector · $1B
↑ 40% PORTFOLIO STRENGTH↓ 40% PORTFOLIO RISK
Angel Investors
VC FUND
1 company in sector · $1B
Source Code Capital
VC FUND
1 company in sector · $1B
↑ 0% PORTFOLIO STRENGTH↓ 33.3% PORTFOLIO RISK
Romulus Capital
VC FUND
1 company in sector · $1B
Starwood Capital Group
VC FUND
1 company in sector · $1B
SPAC merger with Blank Check Co
VC FUND
1 company in sector · $1B

Investors in Real Estate

Tiger Global Management

Sequoia Capital China

SoftBank Vision Fund

Undisclosed Investors

Matrix Partners China

Tencent Holdings

Warburg Pincus

General Atlantic

Kaszek Ventures

Monashees

GGV Capital

Andreessen Horowitz

Microsoft

Travis Kalanick

Saudi Arabia Public Investment Fund

Travis Kalanik

China International Capital Corporation

Ribbit Capital

QED Investors

Existing Investors Secondary Transaction

SoftBank Latin America Fund

Goldman Sachs

Morgan Stanley

Barclays

Founders Fund

Fidelity Investments

Wellington Management

Thrive Capital

Institutional Venture Partners

Qatar Investment Authority

Ant Financial

Xiaomi

Shenzhen Capital Group

JPMorgan Chase

Y Combinator

Caffeinated Capital

Moore Specialty Credit

Zillow Group

Ares Management

Menlo Ventures

Crosslink Capital

Fortress Investment Group

Groupe Arnault

Zeev Ventures

Cota Capital

Jefferies Financial Group

CMC Capital Partners

ZhenFund

Meituan-Dianping

China Merchants Shekou Industrial Zone Holdings

Insight Partners

Mubadala Investment Company

Coatue Management

SoftBank

Matrix Partners

Existing Investors

Temasek Holdings

D1 Capital Partners

Vulcan Capital

Emergence Capital

Riverwood Capital

ICONIQ Growth

SAIF Partners

JD.com

Elevation Capital

Target Global

Angel Investors

Source Code Capital

Romulus Capital

Starwood Capital Group

SPAC merger with Blank Check Co