NEWS & VIEWS

Global private equity and venture capital news and research

LGT Capital Partners buys real estate fund of funds Clerestory Capital

11 Dec 2012

Switzerland’s LGT Capital Partners has acquired Clerestory Capital Advisors, a New York-based real estate-focused investment and advisory firm.

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

Roberto Paganoni, CEO of LGT Capital Partners, said, “We are convinced that this acquisition will bring benefits to clients of both organisations.

“Acquiring CCA will enhance our investment expertise in the real estate market and enable us to broaden and strengthen our multi-alternatives investment firm.”

Douvas added, “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.”

Copyright © 2012 AltAssets

FUNDRAISING & INVESTOR RELATIONS


Legals & Terms of UsePrivacy Policy


AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2014