Alts. Firm Acquires Credit Suisse REIT Fund

Mar 29 2010 | 10:47am ET

Denver-based alternative investments firm Big 5 Asset Management has added a real-estate fund to its lineup, buying a real-estate investment trust fund from Credit Suisse.

The fund’s manager, Lawrence Raiman, will continue to helm the vehicle, joining Big 5 as a partner. Raiman and Big 5 founder Bo Brownstein worked together at Donaldson Lufkin & Jenrette, and was also one of Brownstein’s professors at Columbia University’s Graduate School of Business. Raiman had been head of global real estate securities at Credit Suisse.

Raiman’s fund has been renamed the Rhino Income Opportunity Fund. He will remain based in New York.

“Over the past two decades, Larry has participated in the development of the REIT industry and helped facilitate its growth from $11 billion in market cap in 1992 to approximately $600 billion today,” Brownstein said. “This breadth and depth of experience is a scarce asset, one which will be invaluable to our investment committee and a resource within our New York office.”


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of