Candriam Investors Group ("Candriam") announced today a strategic partnership with Tristan Capital Partners ("Tristan") and the related acquisition of a forty percent equity stake in Tristan. Candriam is an affiliate of New York Life Investment Management LLC ("New York Life").
Hodes Weill Securities acted as the exclusive financial advisor to Tristan.
Tristan is a market-leading pan-European private equity real estate boutique with 105 professionals in eight locations and EUR 9.1 billion of assets under management. The firm offers a distinctive research-led approach to investing capital, and has an 18-year track record, with total investments approaching EUR 15 billion. Tristan will retain its existing investment and management autonomy while benefiting from the operating and financial resources, distribution network, and scale of Candriam and New York Life.
A press release announcing the transaction can be viewed here.
This represents Hodes Weill's 5th completed sellside-related advisory assignment
for a real estate investment fund manager. The transaction demonstrates our expertise as a trusted advisor to real estate fund managers and our network of relationships in the financial services industry.
Hodes Weill & Associates ("Hodes Weill") is a real estate advisory firm with a focus on the investment and funds management industry.* The firm has offices in New York, Hong Kong and London. Founded in 2009, Hodes Weill provides institutional capital raising for funds, transactions, co-investments and separate accounts; M&A, strategic and restructuring advisory services; and fairness and valuation analyses. Clients include investment and fund managers, institutional investors, lenders, property owners and other participants in the institutional real estate market.
*All U.S. regulated capital market and securities advisory services are provided by Hodes Weill Securities, LLC, a registered broker-dealer with the SEC, and a member of FINRA and SIPC, and internationally, by non-U.S. Hodes Weill affiliates. All investment advisory services are provided by HW Capital Advisors, LLC, a registered investment adviser with the SEC.