Grosvenor Capital Acquires CFIG From Credit Suisse

August 12, 2013

On August 1, 2013, Grosvenor Capital Management announced it will acquire the Customized Fund Investment Group (“CFIG”), a private equity, infrastructure and real estate investment management company, from Credit Suisse.


On August 1, 2013, Grosvenor Capital Management, L.P. announced it will acquire the Customized Fund Investment Group (“CFIG”) from Credit Suisse for an undisclosed sum.  CFIG is a private equity, infrastructure and real estate investment management company with approximately $18 billion in assets under management.  Following completion of the acquisition, CFIG will operate as a subsidiary of Grosvenor, renamed GCM Customized Fund Investment Group.  This transaction is part of Credit Suisse’s strategic divestment plans announced in July, 2012.  The terms of the transaction were not disclosed.

To read the press release, please click here.


Categories

Investment Manager M&A, Private Equity M&A, Transactions