Ranger Global Real Estate Advisors

Ranger Global Real Estate Advisors, LLC operates as a specialized investment adviser with a sharp focus on the active management of global real estate securities portfolios. Founded in 2016 by Andrew J. Duffy and F. Scott Tuck, the firm leverages the extensive institutional asset management experience of its principals. The founders, who were classmates at the United States Military Academy at West Point and U.S. Army Rangers, each brought nearly three decades of industry expertise to the venture.

Andrew J. Duffy, serving as the Chief Investment Officer, has a notable career that includes managing a liquid global real estate investment business for Citigroup Principal Strategies and establishing a similar, multi-billion dollar business at TIAA-CREF. F. Scott Tuck, the firm's CEO, complements this with his own deep background in asset management. Their shared military background and long-standing professional relationship form a core part of the firm's disciplined and strategic approach.

The firm caters to a client base of institutional and individual investors, providing investment management services through vehicles like institutional separately managed accounts (SMAs) and retail mutual funds. Ranger Global's business model is centered on generating returns from long-term capital growth and income by investing in a diversified portfolio of publicly-traded global real estate securities, including Real Estate Investment Trusts (REITs) and real estate operating companies. A key differentiator in their strategy is the opportunistic investment in higher-growth, high-quality real estate companies, including pioneering investments in alternative and specialty property types such as data centers, cell towers, and life science lab space.

A significant milestone in the company's history occurred in December 2021, when QuadReal Property Group, a global real estate investment company, acquired a 46% ownership stake in Ranger Global. This strategic partnership was built upon a prior relationship where QuadReal had invested $1 billion in assets with Ranger Global starting in early 2020. Despite this major investment, Ranger Global remains majority-owned by its employees and senior advisors, a structure intended to align the interests of clients with those of the firm's team. However, public records indicate that as of late 2024, the firm's registration with the SEC was terminated, and PitchBook lists its status as "Out of Business" as of May 2025.

Keywords: real estate securities, global REITs, asset management, institutional investors, investment advisory, portfolio management, liquid real estate, specialty real estate, separately managed accounts, mutual funds, Andrew J. Duffy, F. Scott Tuck, QuadReal Property Group, public real estate, real estate operating companies, investment strategy, capital growth, income investing, data centers, cell towers, life science real estate.