Big 5 Asset Management announced that it has purchased a real estate securities fund from Credit Swiss.
In a press release dated March 25, 2010, Big 5 Asset Management (“Big 5”) announced that it has purchased a real estate securities fund from Credit Swiss. The fund, renamed Rhino Income Opportunity Fund, will continue to invest in Real Estate Investment Trusts (REITs). Lawrence Raiman, the former head of Credit Suisse’s Global Real Estate Securities business, and long-time acquaintance of Bo Brownstein, founder and CEO of Big 5, will continue to manage the fund.
Big 5 is an alternative asset management firm based in Denver. The fund joins the company’s flagship global long-short equity fund, Lion Global.
To view the Press Release, please click here.