On February 14, 2023, Candriam Group announced the acquisition of a 31% interest in Tristan Capital Partners.
Under the terms of the transaction, Candriam Group (“Candriam”) will acquire a 31% interest in Tristan Capital Partners (“Tristan”). The investment brings Candriam’s total ownership interest to 80% after a previous investment made in 2018. The acquisition is expected to be completed in mid-2023, subject to customary closing conditions. Tristan’s management team, including CEO Ian Laming, will remain in place. Financial terms were not disclosed.
Candriam, based in Luxembourg, is a global multi-asset manager specializing in sustainable investment. Candriam has approximately $140 billion in assets under management as of December 31, 2022.
Tristan, based in London, is an investment manager focusing on real estate investments in a range of property types. Tristan manages €15 billion in client assets
To read the press release: please click here.