Alvarez & Marsal acquires Captiva Capital
Business management firm Alvarez & Marsal announced today that it has acquired Captiva Capital Management Gmbh (CCMG).Hamburg, Germany-based real estate asset management firm, which will now be called A&M Captiva.
Continuing under the direction of Stephan Fritsch, A&M Captiva manages some €in German commercial real estate assets on behalf of institutional clients.
Robin Priest, head of A&M Real Estate Advisory Services in Europe, will support the growth of the A&M Captiva business and will serve with Fritsch on the A&M Captiva Management Board.
“Germany is a key European real estate market for international investors. The A&M Captiva team’s extensive experience and credibility in real estate asset management, combined with A&M’s multi-national platform will create tremendous opportunities. It is a natural step in broadening A&M’s real estate service offering,” Priest comments.