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Grosvenor Capital Management To Acquire CFIG From Credit Suisse Group AG

Thursday, 1 Aug 2013 04:29pm EDT 

Grosvenor Capital Management, L.P. (Grosvenor), announced an agreement to acquire the Customized Fund Investment Group (CFIG), a global private equity, infrastructure and real estate investment management company, from Credit Suisse Group AG (Credit Suisse). CFIG is one of the providers of customized private equity solutions globally with approximately $18 billion of assets under management and 11 offices around the world. Following the completion of the transaction, CFIG will be renamed the GCM Customized Fund Investment Group. Terms of the transaction were not disclosed.