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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