M&G Real Estate announced it has acquired a 65 percent stake in BauMont Real Estate Capital Limited, a European real estate fund manager specializing in value-added investment strategies in Western Europe.
Established in 2017, BauMont’s 18-strong team is led out of Paris and London with €1.5 billion ($1.64 billion) of assets under management and a management team with an investment track record of more than 20 years in European value-added real estate.
The acquisition is part of M&G’s strategy to selectively add investment capabilities in areas where active management has the potential to deliver alpha to clients over medium- to long-term investment horizons.
BauMont will join forces with M&G’s £40 billion ($52 billion) global real estate business, enabling M&G to expand its client proposition beyond its established core commercial, residential and debt strategies — and the ability to invest throughout the full property cycle. In turn,
