Contact Us
News

CBRE To Acquire Majority Stake In Caledon Capital Management

CBRE To Acquire Majority Stake In Caledon Capital Management
Bay Street, Toronto

CBRE has entered into a definitive agreement to acquire a majority interest in Caledon Capital Management, a Toronto-based investment management business specializing in private infrastructure and private equity investments.

Upon closing, Caledon will be renamed CBRE Caledon Capital Management, operating as a separate business unit under CBRE’s independently operated investment management subsidiary, CBRE Global Investors. Caledon’s team of more than 30 people in Toronto manage over CA$9B (U.S.$7B) in assets for institutional investors through direct investments, co-investments, secondaries and primary funds.

The addition of Caledon is expected to complement the suite of investment solutions offered by CBRE and its listed equity management arm, CBRE Clarion Securities. Closing is expected later this year subject to regulatory approval.

Related Topics: CBRE Group, Inc.