On February 9, 2018, Candriam announced its acquisition of a forty percent equity stake in Tristan Capital.
Candriam Investors Group (“Candriam”) has acquired a forty percent equity stake in Tristan Capital Partners (“Tristan”) for an undisclosed sum with an option to increase the stake in the future. Under the terms of the agreement, Tristan will retain management and investment autonomy. Further details of the transaction were not disclosed.
Candriam, based in Luxembourg, is an affiliate of New York Life Investment Management and a global asset manager that specializes in bonds, equities, and asset allocations. Candriam has over EUR 112 billion assets under management as of December 31, 2017.
Tristan, based in London, is a private equity property investment management boutique that specializes in real estate investments in Europe. Tristan has EUR 9.1 billion assets under management.
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