IPE Real Assets – Tunbridge-led consortium buys passive stake in real estate manager Savanna
- IP&E Real Estate Assets
- Aug 17, 2018
- 1 min read
Updated: Sep 26, 2020
A consortium of institutional investors led by Tunbridge Investment Partners has bought a stake in New York-based real estate fund manager and developer Savanna.
Tunbridge, an affiliate of real estate advisory firm Hodes Weill & Associates, specialises in taking minority stakes in mid-sized real estate investment managers.
The consortium, TK Partners, is capitalised in part by Kudu Investment Management, which also specialises in investing in investment management firms.
Savanna employs more than 30 professionals and has invested over $4bn (€3.51bn) through a series of investment vehicles since it was founded in 1992.
Recent Posts
See AllReal Estate & Infrastructure Investment and Funds Management. 2H 2024 Summary Fund Manager M&A Up, Despite Fundraising Lows: While real...
Institutional Portfolios Have Shifted from Over- to Under-allocated to Real Estate and Institutions Increasingly Optimistic About New...
