Orchard Street Enters Strategic Partnership with NAB Asset Management

October 23, 2014

On October 6, 2014, Orchard Street Investment Management announced a strategic partnership with NAB Asset Management, the global asset management business of National Australia Bank.

NAB Asset Management, the global asset management business of National Australia Bank, one of Australia’s largest banks, acquired a majority stake in Orchard Street Investment Management (“Orchard Street”), a UK specialist commercial property investment manager. The transaction provides NAB Asset Management with a stake in a UK commercial property fund manager with assets under management of approximately £4 billion.  Following the transaction, the day-to-day management of Orchard Street remains unchanged.

To read the press release, please click here.


Categories

Investment Manager M&A, Investment Manager Strategic Investments, Transactions