Harrison Street, the investment management arm of Colliers, with over $100 billion in assets under management across highly differentiated alternative assets, including infrastructure, real estate, and credit strategies, has acquired a majority stake in RoundShield Partners, a leading European credit investment manager with $5.4 billion in assets under management. The financial terms of the deal were not disclosed.
Under the agreement, Harrison Street has purchased a 60% equity interest in RoundShield. The remaining ownership will be held by RoundShield’s senior management team, who will continue to lead the business.
Based in Jersey with offices across Europe, RoundShield specializes in providing asset-backed capital solutions for real estate, infrastructure, and financial assets. This acquisition is part of Harrison Street’s strategic plan to expand its European platform and enhance its credit capabilities within the portfolio.
KEY QUOTES:
“This transaction marks a pivotal step for Harrison Street, adding credit capabilities in Europe and creating a pathway for continued innovation across our platform. RoundShield’s outstanding track record and deep expertise in sectors like student housing and hospitality present immediate opportunities for collaboration. RoundShield’s ownership and operation of vertically integrated student housing platforms offers an exciting opportunity to scale our combined student housing operations across the region. We look forward to leveraging this partnership to broaden our suite of differentiated strategies for our global investors.”
Christopher Merrill, Global Chief Executive Officer of Harrison Street
“We are thrilled to partner with Harrison Street, a globally respected leader in real asset investing that we have known for many years. Their investment is a strong endorsement of our team and platform. With their global reach and shared values, we are well-positioned to accelerate our growth and continue delivering compelling investment ideas and attractive risk-adjusted returns for our investors.”
Driss Benkirane, Founder and Managing Partner of RoundShield
