On February 9, 2018, Candriam Investors Group announced a strategic partnership with Tristan Capital Partners.
Under the terms of the transaction, an affiliate of Candriam will also acquire a forty percent equity stake in Tristan, with an option to increase it in the future. Tristan will retain its existing management and independence in investing capital. Further terms of the transaction were not disclosed.
Tristan, based in London, is an employee-owned investment management boutique that specializes in real estate investment strategies across Europe. Tristan has over €9 billion in assets under management.
Candriam, an affiliate of New York Life Investment Management, is a European, multi-specialist asset manager with over €112 billion in assets under management as of December 31, 2017.
To read the press release: please click here.