Candriam Group, a New York Life investments company, said it has agreed to buy a majority-stake in pan-European real estate investment manager Tristan Capital Partners. Financial details were not disclosed.
Candriam already owns 31 percent of Tristan, With the new agreement its stake will increase to 80 percent by the middle of this year. The remaining 20 percent of Tristan will continue to be held by its senior team.
Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.
A subscription is free for professionals working at banks and independent asset managers.
