Lauren Hochfelder: Investing Behind Structural Demand in Real Assets
Lauren Hochfelder, Global Co-Head of Real Assets at Morgan Stanley, discusses her 26-year career journey at the firm, the evolution of their real estate and infrastructure investment strategies, and their philosophy of investing behind structural demand drivers. She elaborates on their post-GFC business overhaul, cultural pillars of rigor, humility, and partnership, and current favored and avoided sectors, emphasizing a mid-market fund approach for optimal selectivity.
- The aftermath of the Global Financial Crisis saw Morgan Stanley Real Assets in a crucible, with Lauren Hochfelder noting that "virtually everyone senior to me was gone and there were a handful of us sort of left in the foxhole together," prompting a complete strategic overhaul. Read →
- Morgan Stanley prioritizes senior housing, targeting the 80+ age cohort growing at nearly 5% annually, a direct play on robust demographic shifts. Read →
- Hyper-Local Execution: Morgan Stanley’s “magic” comes from highly embedded local teams that source and execute deals, translating global themes into granular market wins, as Global Co-Head of Real Assets Lauren Hochfelder explains. Read →