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Columbia Threadneedle Investments Acquiring Lionstone Investments
Houston-based Lionstone Partners, Ltd., is being acquired by Boston-based Columbia Threadneedle Investments’ Columbia Management Investment Advisers, LLC. Lionstone manages a $6-billion portfolio of CRE assets.
The acquisition will extend Columbia Threadneedle’s investment capabilities into U.S. real estate, an important asset class that is projected to attract increasing allocations from both institutional and retail investors. The deal also expands Columbia Threadneedle’s offerings across the alternatives asset management category.
Lionstone will retain its brand name and identity within Columbia Threadneedle, as well as its Houston HQ. The executive team will remain in place, with chief executive Jane Page (pictured) reporting to Columbia Threadneedle’s chief executive, Ted Truscott.
“We believe our broad institutional capabilities and relationships, together with our investment research insights, make this an excellent fit,” said Truscott.
Moelis & Company acted as exclusive financial advisor to Lionstone. The transaction is expected to close later this year.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition