Announced
Synopsis
Candriam, an asset management firm, agreed to acquire an additional 31% stake in Tristan Capital Partners, a real estate investment manager. Financial terms were not disclosed. “Tristan has built a successful business since launching in 2009 while establishing a strong market presence and an impressive track record across European markets. Our shared core values and culture have served to strengthen our partnership over the past five years, over which time Tristan has grown its assets under management from €7bn to over €15bn. We are excited to support Tristan in its next phase of growth,” Naïm Abou-Jaoudé, Candriam CEO.
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