FTI Consulting Serves as Financial Advisor inIvanhoé Cambridge – Callahan
Capital Partners Strategic Relationship
NEW YORK -- December 20, 2012
FTI Consulting, Inc. (NYSE: FCN) served as the financial advisor in the
recently announced strategic relationship between Ivanhoé Cambridge, one of
the world’s top institutional real estate investors, and Callahan Capital
Partners (“CCP”), a leading real estate investment firm focused on acquiring
high-quality office properties throughout the U.S. Bruce Schonbraun, co-head
of FTI’s Real Estate Solutions practice, and Jahn Brodwin, a senior managing
director, advised on the transaction.
Under the agreement, Ivanhoé Cambridge selected CCP to develop its U.S. office
real estate platform and manage its expanding office portfolio in the U.S.
office market. Ivanhoé Cambridge is an established, long-term real estate
investor with a large international base and will leverage CCP’s strong
position and expertise to grow its presence in the U.S. office sector. This
strategic relationship with CCP will allow Ivanhoé Cambridge to capitalize on
CCP’s recognized expertise in the national U.S. office market and afford
immediate access to CCP’s fully operational platform. CCP’s mandate will be
exclusive toIvanhoé Cambridge.
“The Ivanhoe Cambridge/CCP transaction is a combination of two prominent
forces in the real estate market and creates a powerful and dynamic combined
platform in the U.S. office market,” noted Schonbraun.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping
organizations protect and enhance enterprise value in an increasingly complex
legal, regulatory and economic environment. With more than 3,800 employees
located in 24 countries, FTI Consulting professionals work closely with
clients to anticipate, illuminate and overcome complex business challenges in
areas such as investigations, litigation, mergers and acquisitions, regulatory
issues, reputation management, strategic communications and restructuring. The
company generated $1.56 billion in revenues during fiscal year 2011. More
information can be found at www.fticonsulting.com.
Nina Dietrich, LLC
Nina Dietrich, +1-201-493-8944
FTI Consulting, Inc.
Dave BaRoss, +1-973-364-0400
Real Estate Solutions, Director of Marketing
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