Round Hill Capital, a London-based real estate investment, development and asset management firm, has announced that Dyal Capital Partners, a division of Neuberger Berman, has made a strategic minority investment in Round Hill.
“This investment allows Round Hill to continue to strategically focus on penetrating its existing real estate markets alongside our institutional investor base and to continue to expand into new sectors and global geographic locations,” said Michael Bickford, founder and CEO of Round Hill Capital. “Our target remains to grow Round Hill to be one of the pre-eminent global real estate investment firms.”
Under the terms of the transaction, Dyal has acquired a passive, non-voting, minority stake in the firm. There will be no changes to Round Hill’s strategy, investment process or day-to-day operations.
It marks Dyal’s first investment in a European real estate investment manager.
The terms of the transaction were not publicly disclosed.
