Columbia Threadneedle Investments Completes Acquisition of Lionstone Investments
November 01 2017 - 10:23AM
Business Wire
Columbia Threadneedle Investments (“Columbia Threadneedle”)
today announced that Columbia Management Investment Advisers, LLC
has completed its acquisition of Lionstone Partners, Ltd., a
leading national real estate investment firm (“Lionstone
Investments”). Lionstone specializes in investment strategies based
upon proprietary analytics and manages approximately $6 billion in
assets.1
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The acquisition extends 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. Lionstone now gains access to
the additional investment research capabilities and relationship
management expertise of Columbia Threadneedle, while benefiting
from the financial strength of Ameriprise Financial.
The acquisition expands Columbia Threadneedle’s offerings across
the alternatives asset management category. It adds complementary
real estate capabilities to the firm’s $11.6 billion U.K. property
business and further develops its multi-asset solution
capabilities.2
“We are pleased to welcome our new colleagues to Columbia
Threadneedle and to offer our clients a strong platform for U.S.
real estate investment,” said Ted Truscott, chief executive officer
of Columbia Threadneedle Investments. “We believe our broad
institutional capabilities and relationships, together with our
investment research insights, make this an excellent fit.”
Lionstone invests nationally in commercial real estate, with a
focus on cities that are best positioned to enjoy outsized demand
and rental growth. It counts leading corporate and public pension
plans among its key clients.
“We are excited to be the U.S. real estate investment management
platform of Columbia Threadneedle and believe that this new
partnership is truly transformative for our clients and employees,”
said Lionstone president Jane Page.
Lionstone retains its brand name and identity within Columbia
Threadneedle as well as its Houston headquarters. The company’s
website (www.lionstoneinvestments.com) remains the same. The
executive team remains in place, with Page reporting to
Truscott.
The company did not disclose terms of the acquisition.
About Columbia Threadneedle Investments:Columbia
Threadneedle Investments is a leading global asset manager that
provides a broad range of investment strategies and solutions for
individual, institutional and corporate clients around the world.
With more than 2,000 people, including over 450 investment
professionals based in North America, Europe and Asia, we manage
$484 billion3 of assets across developed and emerging market
equities, fixed income, asset allocation solutions and
alternatives.
Columbia Threadneedle Investments is the global asset management
group of Ameriprise Financial, Inc. (NYSE: AMP).
For more information, please visit
https://www.columbiathreadneedleus.com/.
Follow us on Twitter @CTInvest_US.
About Lionstone:Lionstone Investments is a data-analytics
driven real estate investment firm that specializes in
conceptualizing, analyzing, and executing national investment
strategies on behalf of institutional investors and high net worth
individuals. Lionstone’s objective is to identify and execute smart
investments by understanding the evolution of internationally
competitive cities, then pinpointing where the most productive
people in America want to live and work—Places for Productive
People.® Lionstone was founded in 2001 by Tom Bacon, Glenn
Lowenstein, and Dan Dubrowski. Since its founding, Lionstone has
consistently generated cycle-tested real estate investment
performance that has exceeded peer and industry benchmarks, across
core, value-add, and opportunistic strategies. Lionstone’s
investment DNA was, and continues to be, data-driven. The firm’s
use of advanced analytics to drive investment decisions is its
greatest point of differentiation. Using proprietary research tools
and algorithms, a highly-skilled staff, and deeply-experienced
leadership, Lionstone sources unique investment opportunities and
effectively executes them nationwide. Please visit our website at:
lionstoneinvestments.com.
1 Gross AUM as of June 30, 20172 £8.51 billion as of September
30, 20173 As of September 30, 2017
Columbia Threadneedle Investments (Columbia Threadneedle) is the
global brand name of the Columbia and Threadneedle Group of
Companies.
Notes to Editors:
Moelis & Company acted as exclusive financial advisor to
Lionstone.
Columbia Management Investment Advisers, LLC.
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version on businesswire.com: http://www.businesswire.com/news/home/20171101006166/en/
Columbia Threadneedle InvestmentsCarlos Melville,
617-897-9384carlos.melville@ampf.comorLionstone
InvestmentsAlexandra Irvine, 713-533-5877airvine@lionstoneinvestments.com
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