Savanna has sold a minority equity stake to TK Partners, a consortium of institutional investors led by Tunbridge Investment Partners. Additional terms of the transaction were not disclosed.
Tunbridge, an affiliate of real estate advisory firm Hodes Weill & Associates, focuses on making strategic, minority equity investments in real estate fund managers. TK Partners is capitalized, in part, with an investment from Kudu Investment Management, a firm that specializes in providing permanent capital solutions to leading investment managers.
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