The Goldman Sachs Group has agreed to acquire LCN Capital Partners, an investment manager specializing in the sale-leaseback, build-to-suit and triple net lease sectors of the real estate market. LCN has approximately $3 billion in assets under supervision as of June 30, primarily from institutions, insurers and high-net-worth individuals.
“LCN’s differentiated platform is highly attractive for our Asset & Wealth Management clients who want diversified sources of returns and offers corporate clients innovative capital solutions,” said David M. Solomon, chairman and CEO of Goldman Sachs. “Their focus complements our private real estate team’s broad 30-year track record and will expand our ability to serve our insurance, institutional and wealth client segments.”
LCN originates, negotiates, invests in and manages sale-leaseback, build-to-suit and net lease investments across North America and Europe. Its hybrid strategy combines corporate credit and real
