On January 8, 2018, a fund managed by ActivumSG Capital Management Ltd. announced it had acquired fairvesta Group.
ActivumSG Fund V, a fund managed by ActivumSG Capital Management Ltd. (“ActivumSG”) acquired fairvesta Group (“fairvesta”). fairvesta will continue to operate with its own management team. The terms of the deal were not disclosed.
ActivumSG is a Jersey-based real estate investment manager. ActivumSG’s funds under management have a combined initial equity commitment of €1.5 billion.
fairvesta is a German-based real estate fund platform for retail investors with approximately €800 million of managed assets.
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