Tue, Nov 21, 2017
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. Middle East - Saudi-Iran war would create this domino effect of global disaster, Saudi billionaires said to move funds from region to escape asset freeze[more]

    Saudi-Iran war would create this domino effect of global disaster From CNBC.com: Events appear to be spinning out of control in the Middle East, and the threat a Saudi-Iranian war is looking increasingly credible. Make no mistake, an out and out conflict between the two nations would be

  2. Launches - Eaton Vance, Oaktree to launch diversified credit NextShares fund, FIM launches Nordic AI-powered fund[more]

    Eaton Vance, Oaktree to launch diversified credit NextShares fund Eaton Vance Management, a subsidiary of Eaton Vance Corp., announced the expected mid-November launch of Eaton Vance Oaktree Diversified Credit NextShares, a new Eaton Vance-sponsored exchange-traded managed fund. Eaton Va

  3. Outlook - Gundlach's stock market warning comes true[more]

    From Bloomberg.com: Jeffrey Gundlach has been warning something's got to give. Based on the past two days, looks like we have our answer. Stocks fell around the world a second day and high-yield bonds headed for a fourth straight loss, resuming a historic correlation that the hedge fund manager on W

  4. Investing - Six more Warren Buffett buys, including Southwest Airlines, Seth Klarman's Baupost Group bets on beaten-up health care, Roark Capital offers to buy Buffalo Wild Wings: Wall Street Journal[more]

    Six more Warren Buffett buys, including Southwest Airlines From Forbes.com: Our latest recommendation for aggressive investors is Restaurant Brands International . Hedge fund manager Bill Ackman has an incredible 40.1% of his fund at Pershing Square Capital Management invested in Restaur

  5. Investing - Tages Capital steps in to rescue Italy's Banca Carige, Hedge funds place $5.4bn bet on Toshiba's resurrection, Why outside investors are fleeing: John Paulson's 6 worst investments[more]

    Tages Capital steps in to rescue Italy's Banca Carige From TheTimes.co.uk: A little known London hedge fund has played a pivotal role in the first rescue of an Italian bank without state intervention since the country's bad debt crisis started three years ago. Banca Carige, a Genovese le