CBRE Caledon created with close of Caledon acquisition deal
CBRE Group Inc (NYSE: CBG) has completed its acquisition of a majority stake in Caledon Capital Management, a Toronto-based portfolio management and advisory firm specializing in infrastructure and private equity investments. No financial terms were disclosed for the deal, which rebrands Caledon as CBRE Caledon Capital Management and makes it a separate entity within CBRE Global Investors, CBRE's investment management unit. Caledon, which oversees $9 billion in assets, was founded in 2007 by Partner David Rogers. In June, Rogers told PE Hub Canada the acquisition will broaden his firm's client list and increase its geographic footprint.
9 August 2017•4 mins read
