Swiss alternative investment manager LGT Capital Partners has acquired Clerestory, a New York-based investment and advisory firm that provides investors with global access to real estate via funds, co-investments and secondary investments.

Swiss alternative investment manager LGT Capital Partners has acquired Clerestory, a New York-based investment and advisory firm that provides investors with global access to real estate via funds, co-investments and secondary investments.

Clerestory Capital Advisors (CCA) was established by Joanne Douvas and Tommy Brown in 2007. CCA launched its first fund of funds that same year, focusing on small, opportunistic real estate funds on a global basis.

LGT Capital Partners is based in Pfaeffikon, Switzerland with affiliated offices in New York, London, Dublin, Hong Kong, Tokyo and Beijing. The firm manages over EUR 19 bn in hedge fund and private equity assets.