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Investments

15

Portfolio Exits

4

Funds

2

Partners & Customers

10

About CBRE Group

CBRE Group (NYSE: CBRE) is a commercial real estate services and investment firm that serves real estate owners, investors, and occupiers worldwide. CBRE offers a range of integrated services, including facilities, transaction and project management, property management, investment management, appraisal and valuation, property leasing, strategic consulting, property sales, mortgage services, and development services.

CBRE Group Headquarter Location

400 Sout Hope Street 25th Floor

Los Angeles, California, 90071,

United States

+1 213 613 3333

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Expert Collections containing CBRE Group

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find CBRE Group in 2 Expert Collections, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

R

Real Estate Tech

39 items

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CB Insights Intelligence Analysts have mentioned CBRE Group in 1 CB Insights research brief, most recently on Jul 8, 2019.

Latest CBRE Group News

Altus Power, Inc. and Shell Announce Collaboration on Sustainability Solutions

Nov 29, 2021

News provided by Share this article Share this article STAMFORD, Conn. and SAN FRANCISCO, Nov. 29, 2021 /PRNewswire/ -- Altus Power, Inc., ("Altus Power") a leading clean electrification company, and Shell New Energies US LLC ("Shell") today announced they will collaborate to bring integrated renewable energy and storage solutions to customers to help them reduce their carbon emissions and lower their energy costs. The collaboration will leverage each firm's respective strengths. Altus Power will bring its experience in creating clean electrification ecosystems, which includes solar generation, storage and community solar, while Shell will bring its capabilities in electric mobility, stationary battery storage, load management and renewable power supply. Together both companies will explore opportunities to develop fully integrated renewable energy supply and onsite energy services for customers as well as for property portfolios managed by CBRE Group, Inc. ("CBRE"). CBRE, the world's largest commercial real estate services firm, has a strategic partnership with Altus Power, and CBRE Acquisition Holdings, Inc. (NYSE: CBAH ), a special-purpose acquisition company sponsored by a subsidiary of CBRE, is in the process of completing a business combination with Altus Power that will result in Altus Power being a publicly traded company. "Altus Power is excited to collaborate with large corporations like Shell in the development of integrated solutions that accelerate the transition to sustainable electricity supply for all customers," said Lars Norell, Co-CEO of Altus Power. "We have a track record of partnering with large enterprise partners to serve the needs of the community and we look forward to finding the best solutions for our customers together with Shell." Elisabeth Brinton, Shell's Executive Vice-President, Renewable & Energy Solutions, said, "Shell's collaboration with Altus Power is another great example of how working together, we can make renewable energy an easy and practical choice for customers. "  About Altus Power Altus Power, based in Stamford, Connecticut, is creating a clean electrification ecosystem, serving its commercial, public sector and community solar customers with locally sited solar generation, energy storage, and EV-charging stations across the U.S. Since its founding in 2009, Altus Power has developed or acquired over 350 megawatts from Vermont to Hawaii. Visit altuspower.com to learn more. About Shell Shell's Renewables & Energy Solutions business leads the development and growth of Shell's integrated power business, including renewable energy from  wind and solar, new mobility solutions such as electric vehicle charging, and lower-carbon fuels, like hydrogen, for industry and road transport. We are working with customers - from individual consumers to small, medium and large businesses – to help make emissions reduction an easy and practical choice by providing low carbon energy products and services. www.shell.com/res   About CBRE Acquisition Holdings, Inc. CBRE Acquisition Holdings, Inc. ("CBAH") (NYSE: CBAH ) is a blank-check company formed solely for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. CBAH is sponsored by CBRE Acquisition Sponsor, LLC, which is a subsidiary of CBRE Group, Inc. Important Information About the Business Combination and Where to Find It CBAH has filed with the U.S. Securities and Exchange Commission ("SEC") a Registration Statement on Form S-4 (the "Registration Statement"), which includes a proxy statement/prospectus in connection with the proposed business combination between Altus Power and CBAH (the "business combination") and the other transactions contemplated by the business combination agreement entered into by Altus Power and CBAH. The Registration Statement was declared effective by the SEC on November 5, 2021 and CBAH also filed the definitive proxy statement/prospectus with respect to the business combination on that date. CBAH has  mailed a definitive proxy statement/prospectus and other relevant documents to its stockholders as of October 27, 2021, the record date for the Special Meeting. CBAH's stockholders and other interested persons are advised to read the definitive proxy statement/prospectus in connection with CBAH's solicitation of proxies for its stockholders' Special Meeting to be held to approve the business combination because the proxy statement/prospectus contains important information about CBAH, Altus Power and the business combination. Stockholders will also be able to obtain copies of the Registration Statement and the proxy statement/prospectus, without charge at the SEC's website at www.sec.gov or by directing a request to CBRE Acquisition Holdings, Inc., 2100 McKinney Avenue, Suite 1250, Dallas, TX 75201. Participants in the Solicitation CBAH, Altus Power and certain of their respective directors and officers may be deemed participants in the solicitation of proxies of CBAH's stockholders with respect to the approval of the business combination. CBAH and Altus Power urge investors, stockholders and other interested persons to read the Registration Statement and the definitive proxy statement/prospectus and exhibits thereto, as well as other documents filed with the SEC in connection with the business combination, as these materials will contain important information about Altus Power, CBAH and the business combination. Information regarding CBAH's directors and officers and a description of their interests in CBAH is contained in the Registration Statement and the definitive proxy statement/prospectus. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "could", "continue", "expect", "estimate", "may", "plan", "outlook", "future" and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to CBAH's and Altus Power's future prospects, developments and business strategies. In particular, such forward-looking statements include statements concerning the timing of the business combination, the business plans, objectives, expectations and intentions of CBAH once the business combination and the other transactions contemplated thereby (the "Transactions") and change of name are complete ("New Altus"), and New Altus's estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These statements are based on CBAH's or Altus Power's management's current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside CBAH's or Altus Power's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement; (2) the inability to complete the Transactions due to the failure to obtain approval of the stockholders of CBAH or Altus Power or other conditions to closing in the business combination agreement; (3) the ability of New Altus to meet NYSE's listing standards (or the standards of any other securities exchange on which securities of the public entity are listed) following the business combination; (4) the inability to complete the private placement of common stock of CBAH to certain institutional accredited investors; (5) the risk that the announcement and consummation of the Transactions disrupts Altus Power's current plans and operations; (6) the ability to recognize the anticipated benefits of the Transactions, which may be affected by, among other things, competition, the ability of New Altus to grow and manage growth profitably, maintain relationships with customers, business partners, suppliers and agents and retain its management and key employees; (7) costs related to the Transactions; (8) changes in applicable laws or regulations and delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals required to complete the Transactions; (9) the possibility that Altus Power and New Altus may be adversely affected by other economic, business, regulatory and/or competitive factors; (10) the impact of COVID-19 on Altus Power's and New Altus's business and/or the ability of the parties to complete the Transactions; (11) the outcome of any legal proceedings that may be instituted against CBAH, Altus Power, New Altus or any of their respective directors or officers, following the announcement of the Transactions; and (12) the failure to realize anticipated pro forma results and underlying assumptions, including with respect to estimated stockholder redemptions and purchase price and other adjustments. Additional factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in CBAH's most recent annual report on Form 10-K, subsequently filed quarterly reports on Form 10-Q and current reports on Form 8-K, which are available, free of charge, at the SEC's website at www.sec.gov , and are provided in the Registration Statement and CBAH's definitive proxy statement/prospectus. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and CBAH and Altus Power undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in CBAH and is not intended to form the basis of an investment decision in CBAH. All subsequent written and oral forward-looking statements concerning CBAH and Altus Power, the Transactions or other matters and attributable to CBAH and Altus Power or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Contacts:

CBRE Group Investments

15 Investments

CBRE Group has made 15 investments. Their latest investment was in ASTA Network as part of their Seed on September 9, 2021.

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CBRE Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/21/2021

Seed

ASTA Network

Yes

Global Logistic Properties, Great Wall Fund, KKR, and Undisclosed Investors

2

2/22/2021

Corporate Minority

Industrious

$200M

Yes

7

10/7/2020

Series B

Redaptive

$156.5M

No

6

4/12/2018

Series A

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$99M

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10

8/9/2016

Unattributed VC

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$99M

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10

Date

9/21/2021

2/22/2021

10/7/2020

4/12/2018

8/9/2016

Round

Seed

Corporate Minority

Series B

Series A

Unattributed VC

Company

ASTA Network

Industrious

Redaptive

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Amount

$200M

$156.5M

$99M

$99M

New?

Yes

Yes

No

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Co-Investors

Global Logistic Properties, Great Wall Fund, KKR, and Undisclosed Investors

Sources

2

7

6

10

10

CBRE Group Portfolio Exits

4 Portfolio Exits

CBRE Group has 4 portfolio exits. Their latest portfolio exit was Matterport on July 22, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/22/2021

Reverse Merger

$991

9

00/00/0000

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10

00/00/0000

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10

00/00/0000

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10

Date

7/22/2021

00/00/0000

00/00/0000

00/00/0000

Exit

Reverse Merger

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Companies

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Valuation

$991

Acquirer

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Sources

9

10

10

10

CBRE Group Acquisitions

57 Acquisitions

CBRE Group acquired 57 companies. Their latest acquisition was Torghatten Land on September 27, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/27/2021

Acquired Unit

1

7/27/2021

$991

Corporate Majority

5

6/30/2021

Acquired

4

2/8/2021

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$99M

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10

1/8/2020

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$99M

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10

Date

9/27/2021

7/27/2021

6/30/2021

2/8/2021

1/8/2020

Investment Stage

Companies

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Valuation

$991

Total Funding

$99M

$99M

Note

Acquired Unit

Corporate Majority

Acquired

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Sources

1

5

4

10

10

CBRE Group Fund History

2 Fund Histories

CBRE Group has 2 funds, including CBRE GIP Special Situations Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/15/2020

CBRE GIP Special Situations Fund

$39.4M

1

8/22/2019

CBRE Asia Value Partners V

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$99M

10

Closing Date

7/15/2020

8/22/2019

Fund

CBRE GIP Special Situations Fund

CBRE Asia Value Partners V

Fund Type

Subscribe to see more

Status

Amount

$39.4M

$99M

Sources

1

10

CBRE Group Partners & Customers

10 Partners and customers

CBRE Group has 10 strategic partners and customers. CBRE Group recently partnered with Project Management Institute on August 8, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

8/3/2021

Partner

Project Management Institute

United States

PMI Asia Pacific partners with CBRE to train & upskill high performers to achieve PMP® certification

This partnership with Project Management Institute gives our employees access to a global network formed around the goal of project management excellence across industries and ensures CBRE is ready to support our clients and drive successful project outcomes every time . ''

1

2/11/2021

Vendor

Virtual Power Systems

United States

CBRE Data Center Solutions Partners with Virtual Power Systems to Offer Software-Defined Power to Global Data Center Clients - Virtual Power Systems - Autonomous Digital Infrastructure

As part of the partnership , CBRE Group , Inc. will implement and manage the Virtual Power Systems ICE platform for their clients who adopt the technology , enabling clients to achieve significantly greater output from current data centers and produce positive environmental impact .

1

12/14/2020

Client

GLP Capital Partners

United States

line-arrow-up line-arrow-down line-arrow-left line-arrow-right solid-triangle-up solid-triangle-down solid-triangle-left solid-triangle-right CBRE Named Fund and Property Administrator for GLP Capital Partners’ New Industrial Fund Launch.

`` We are very excited to expand our relationship with GLP Capital Partners and partner with them as they launch their new Industrial Fund , '' said Jason Sheller , CBRE Group , Inc. 's Global Head of Business Development and Strategy .

1

6/5/2020

Partner

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10

11/20/2019

Client

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10

Date

8/3/2021

2/11/2021

12/14/2020

6/5/2020

11/20/2019

Type

Partner

Vendor

Client

Partner

Client

Business Partner

Project Management Institute

Virtual Power Systems

GLP Capital Partners

Country

United States

United States

United States

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News Snippet

PMI Asia Pacific partners with CBRE to train & upskill high performers to achieve PMP® certification

This partnership with Project Management Institute gives our employees access to a global network formed around the goal of project management excellence across industries and ensures CBRE is ready to support our clients and drive successful project outcomes every time . ''

CBRE Data Center Solutions Partners with Virtual Power Systems to Offer Software-Defined Power to Global Data Center Clients - Virtual Power Systems - Autonomous Digital Infrastructure

As part of the partnership , CBRE Group , Inc. will implement and manage the Virtual Power Systems ICE platform for their clients who adopt the technology , enabling clients to achieve significantly greater output from current data centers and produce positive environmental impact .

line-arrow-up line-arrow-down line-arrow-left line-arrow-right solid-triangle-up solid-triangle-down solid-triangle-left solid-triangle-right CBRE Named Fund and Property Administrator for GLP Capital Partners’ New Industrial Fund Launch.

`` We are very excited to expand our relationship with GLP Capital Partners and partner with them as they launch their new Industrial Fund , '' said Jason Sheller , CBRE Group , Inc. 's Global Head of Business Development and Strategy .

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Sources

1

1

1

10

10

CBRE Group Team

60 Team Members

CBRE Group has 60 team members, including current Chief Executive Officer, Bob Sulentic.

Name

Work History

Title

Status

Bob Sulentic

Chief Executive Officer

Current

Robert E. Sulentic

Trammell Crow Company

Chief Executive Officer, President

Current

William F. Concannon

President

Current

Matt Werner

President

Current

Gil Borok

Chief Financial Officer

Current

Name

Bob Sulentic

Robert E. Sulentic

William F. Concannon

Matt Werner

Gil Borok

Work History

Trammell Crow Company

Title

Chief Executive Officer

Chief Executive Officer, President

President

President

Chief Financial Officer

Status

Current

Current

Current

Current

Current

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