NEW YORK--(BUSINESS WIRE)--Dec. 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 to Ivanhoé
“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.
Source: FTI Consulting, Inc.
Nina Dietrich, LLC
Nina Dietrich, +1-201-493-8944
Dave BaRoss, +1-973-364-0400
Solutions, Director of Marketing