Courtland merged with StepStone Real Estate (SRE), in April 2018, creating one of the largest and most active real estate solutions providers in the world. SRE manages approximately $US 100 billion of capital allocations, including over US $2 billion of AUM, and has more than 50 professionals working from offices in the US, Europe and Asia. SRE is part of StepStone Group, a global private markets firm providing customized investment, portfolio monitoring and advisory solutions to some of the most sophisticated investors in the world. For more information, please visit www.stepstoneglobal.com. # # # Courtland’s practice focuses exclusively on real estate consulting, including other real assets. We customize our advisory services to fit each client’s needs, whether those needs relate to a single investment or a larger portfolio. Courtland offers an unmatched, global approach to the institutional real estate markets. Our professionals began recommending international real estate allocations to institutional clients long before doing so was commonplace. We have made recommendations on more than US $100 billion of client investment commitments, nearly half of which were directed outside of the US. Courtland merged with StepStone Real Estate (SRE) in April 2018, creating one of the largest and most active real estate solutions providers in the world. SRE manages approximately $US 100 billion of capital allocations, including over US $2 billion of AUM, and has more than 50 professionals working from offices in the US, Europe and Asia. SRE is part of StepStone Group, a global private markets firm providing customized investment, portfolio monitoring and advisory solutions to some of the most sophisticated investors in the world. For more information, please visit www.stepstoneglobal.com, www.courtland.com or view our ADV form at www.adviserinfor.sec.gov.