Candriam Group, a New York Life Investments Company, today announced that it has reached an agreement to purchase an additional 31% interest in pan-European real estate investment manager Tristan Capital Partners, taking its total investment to 80% by mid-2023. The remaining 20% of Tristan will continue to be held by its senior team, ensuring the long-term alignment of interests and continued incentivisation of its growing team.
Tristan, which manages over €15 billion of assets for institutional and private investors, will maintain investment management autonomy as it has done for the past five years, while benefiting from the operating and financial resources, distribution network and scale of both Candriam and New York Life Investments. There will be no changes to the firm’s investment process or investment strategies.
Source: https://www.tristancap.com/news-and-media/press-releases/candriam-group-acquire-majority-shareholding-tristan-capital-partners, on 23.02.2023