Tue, May 3, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

LGT Capital Partners (USA) acquires real estate funds manager Clerestory Capital Advisors

Wednesday, December 12, 2012

Roberto Paganoni
Opalesque Industry Update – LGT Capital Partners announced that LGT Capital Partners Holding (USA) Inc. acquired Clerestory Capital Advisors, LLC ("CCA"), a New York-based investment and advisory firm that provides investors with global access to real estate via funds, co-investments and secondary investments.

Established in 2007 by Joanne Douvas and Tommy Brown, CCA launched its first fund of funds in that same year, focusing on small, opportunistic real estate funds on a global basis.

Roberto Paganoni, CEO of LGT Capital Partners, comments: "We are convinced that this acquisition will bring benefits to clients of both organizations. Acquiring CCA will enhance our investment expertise in the real estate market and enable us to broaden and strengthen our multi-alternatives investment firm."

Joanne Douvas, Co-Founder of CCA, adds: "CCA is very pleased to join LGT Capital Partners in order to benefit from a global institutional investment platform, enhanced opportunities within product development and additional resources for further developing its client base."

(press release)

LGT Capital Partners is a leading alternative investment specialist with over USD 25 billion in assets under management and more than 300 institutional clients. A large, international team is responsible for managing a wide range of investment programs focusing on private markets, liquid alternatives and multi-asset class solutions. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in North America, Europe and Asia. www.lgt-capital-partners.com

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  2. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n