FRANKFURT, Germany—Alvarez & Marsal has acquired Captiva Capital Management GmbH, a Hamburg, Germany-based real estate asset management firm. CCMG will now be called A&M Captiva and will enable A&M to provide end-to-end real estate advisory, asset management and investment services that will benefit clients.

Continuing under the direction of Stephan Fritsch, A&M Captiva manages some $900 million (€700M) in German commercial real estate assets on behalf of institutional clients, providing them with direct access to a broad, diversified network experienced in all sectors of the real estate market.

Robin Priest, leader of A&M Real Estate Advisory Services in Europe, will support the growth of the A&M Captiva business and will serve with Fritsch on the A&M Captiva Management Board.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.