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Announced

Taurus Investment Holdings and Aegon Asset Management to form a joint venture.

Synopsis

Taurus Investment Holdings, a private equity real estate firm, and Aegon Asset Management, the asset management arm of Aegon, agreed to form a joint venture to focus on ESG-centric venture to acquire value-add multifamily assets and considerably reduce the energy consumption and carbon output of those assets. Financial terms were not disclosed. “Taurus and Aegon AM have made a commitment to building a business that delivers returns to our investors, while also positively impacting both society and the environment, so it only makes sense to partner for this substantial decarbonization venture," Peter A. Merrigan, Taurus CEO.

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