FINANCE: CBRE Global Investors is changing the name of CBRE Global Multi Manager to CBRE Global Investment Partners.
The change will take effect immediately.
“For many people, the term multi manager has just meant fund of funds,” said Jeremy Plummer, chief executive of CBRE Global Investment Partners. “As our investment approach expanded, we realised we needed a name that conveyed not only our global investment scope but also the breadth of investment vehicles that we utilise. The key point of differentiation from the direct business of CBRE Global Investors is that we always invest with operating partners, so we also reflected this in the name.”
CBRE Global Investment Partners has $13bn (£7.9bn) of assets under management and employs 66 staff in five offices.
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