Candriam Group to acquire majority shareholding in Tristan Capital Partners

Candriam Group, a New York Life Investments company, has reached an agreement to purchase an additional 31 percent interest in pan-European real estate investment manager Tristan Capital Partners, taking its total investment to 80 percent by mid-2023.

The remaining 20 percent of Tristan will continue to be held by its senior team, ensuring the long-term alignment of interests and continued incentivization of its growing team.

There will be no changes to Tristan’s management leadership.  Ric Lewis will continue as executive chair of Tristan, chair of the investment committee and chair of the holding company. Ian Laming will continue as CEO, and Cameron Spry and Ric Lewis will continue as co-CIOs.

The transaction is in alignment with Candriam’s growth strategy to further expand its private assets offering through this partnership, given strong institutional investor demand and long-term growth trends. Candriam’s multi-specialist capabilities include investm