Sixth Street Expands Real Estate Platform, Adding Marcos Alvarado as Partner
With 20+ years of experience, Alvarado joins Sixth Street as firm deepens focus on global real estate investing
San Francisco – January 16, 2024 – Sixth Street, a leading global investment firm with over $75 billion in assets under management, today announced the expansion of its Sixth Street Real Estate platform with the addition of Marcos Alvarado as a Partner of the firm and Head of U.S. Real Estate. He will assume his new role on February 1st.
Sixth Street Real Estate is a global investment platform focused on acquiring properties and providing financing solutions across the full range of real estate sectors, including residential, hospitality, office, industrial, and retail.
“Our team at Sixth Street has been investing in real estate for more than two decades, and we understand that the current market environment requires patient capital and a diversified set of capabilities. We are pleased to add an experienced investor like Marcos to our team as we expand our platform and build on the full suite of capital solutions we are bringing to market,” said Julian Salisbury, Co-Chief Investment Officer at Sixth Street.
“Investing in global real estate themes across market cycles has been one of the hallmarks of our firm since inception. Having known Marcos a long time from shared past investments, we’re glad to be teamed up with him again as we increase our focus on offering scaled solutions to property owners navigating changing secular trends and a volatile interest rate environment,” said Michael Muscolino, Co-Founder and Partner at Sixth Street.
Alvarado joins Sixth Street from Safehold Inc. and its predecessor iStar, where he served as President and Chief Investment Officer. In that role, he was responsible for scaling Safehold’s ground lease business and overseeing investments across iStar’s $6 billion investment portfolio. He previously served as Head of Acquisitions & Business Operations for Cadre, a technology-enabled real estate investment platform, and before that was a Managing Director at Starwood Capital.
“Sixth Street is one of the few platforms with the scale, experience, and flexible approach to be a significant force in the future of the global real estate market,” said Alvarado. “I am thrilled to join this highly experienced team and work alongside them to help develop creative solutions for real estate asset owners, while expanding the depth and breadth of our real estate business.”
About Sixth Street
Sixth Street is a leading global investment firm with over $75 billion in assets under management and committed capital. The firm’s Sixth Street TAO platform also includes Talcott Financial Group, an international life insurance group with $129 billion in assets under management. Sixth Street uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. For more information, follow Sixth Street on social media and visit www.sixthstreet.com.