Grosvenor Adds Credit Suisse's $18B PE Business
Grosvenor will acquire the bank's Customized Fund Investment Group, a diversified private equity, infrastructure and real estate investment management company. CFIG, which has roughly $18 billion in assets managed out of 11 offices worldwide, will be renamed the GCM Customized Fund Investment Group once the transaction closes.
The deal nearly doubles the assets...
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