Adelante Capital Management LLC ("Adelante") is a dedicated real estate
securities investment manager. Since 1993, we have delivered superior
risk-adjusted returns for institutions and individual investors through a
sophisticated, research-driven investment process.

Adelante's investment philosophy is built on the conviction that real estate
assets are the key drivers to real estate security performance. We actively
pursue opportunities to invest at prices competitive with private market real
estate values through analysis of the quality of a company's portfolio and
markets and the strength of its management team. We become particularly
selective when we believe securities are trading at significant premiums to
private market values.

Adelante manages over $4.1 billion in a variety of investment products.

Adelante strives to be a trusted resource for our clients and invites you to
contact us to discuss how we can help you achieve your goals in real estate
securities investment.