FTI Consulting Serves as Financial Advisor in Ivanhoé Cambridge – Callahan Capital Partners Strategic Relationship
NEW YORK--(BUSINESS WIRE)-- FTI Consulting, Inc. (NYSE: FCN ) served as the financial advisor in the recently announced strategic relationship between Ivanhoé Cambridge, one of the world’s top institutional real estate investors, and Callahan Capital Partners (“CCP”), a leading real estate investment firm focused on acquiring high-quality office properties throughout the U.S. Bruce Schonbraun, co-head of FTI’s Real Estate Solutions practice, and Jahn Brodwin, a senior managing director, advised on the transaction.
Under the agreement, Ivanhoé Cambridge selected CCP to develop its U.S. office real estate platform and manage its expanding office portfolio in the U.S. office market. Ivanhoé Cambridge is an established, long-term real estate investor with a large international base and will leverage CCP’s strong position and expertise to grow its presence in the U.S. office sector. This strategic relationship with CCP will allow Ivanhoé Cambridge to capitalize on CCP’s recognized expertise in the national U.S. office market and afford immediate access to CCP’s fully operational platform. CCP’s mandate will be exclusive to Ivanhoé Cambridge.
“The Ivanhoe Cambridge/CCP transaction is a combination of two prominent forces in the real estate market and creates a powerful and dynamic combined platform in the U.S. office market,” noted Schonbraun.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.56 billion in revenues during fiscal year 2011. More information can be found at www.fticonsulting.com.
Nina Dietrich, LLC
Nina Dietrich, +1-201-493-8944
FTI Consulting, Inc.
Dave BaRoss, +1-973-364-0400
Real Estate Solutions, Director of Marketing
KEYWORDS: United States North America New York