PineBridge set to acquire private equity real estate fund house
UK-based Benson Elliot adds $3.5bn in AUM
CEO of PineBridge Greg Ehret
PineBridge Investments is set to acquire private equity real estate specialist Benson Elliot Capital Management for an undisclosed fee, adding $3.5bn to the asset manager’s existing $104.4bn in assets under management.
Founded in 2005, UK-based Benson Elliot manages a portfolio comprised of office, retail, hotel and residential assets across Europe, and employs an "asset driven, value add, risk sensitive and exit focused...
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