Hedge Fund Reader : Capri Capital Advisors acquires Trilogy Capital Advisors

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August 22, 2005

Capri Capital Advisors acquires Trilogy Capital Advisors

Capri Capital Advisors LLC recently acquired Trilogy Capital Advisors LLC, a Kansas City-based hedge fund. Trilogy invests in public real estate securities and manages an $80 million fund. The price at which Capri Capital Advisors, a Chicago investment fund bought Trilogy is not known. Capri’s strategic alliance partner, CharterMac financed the deal trough its subsidiary. CharterMac is a full-service real estate finance company. Capri has about $2.3 billion under its management chiefly for pension funds and some institutional clients and invests in privately held commercial real estate portfolios. Capri has capitalized on the need for convergence between the private and the public markets and therefore offers its clients a full range of services in the real estate market. Trilogy will now be called Capri Real Estate Securities LLC and operate from Country Club Plaza and will also open an office in New York. Capri hedge fund is reportedly among the first nationally to manage a long/short, or hedged, investment strategy focused solely on public real estate securities. Kansascity.bizjournals.com reports:

“What's happened over the last several years is there's been a convergence between the private and the public in order to provide clients with a full range of services in the real estate market"

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August 22, 2005 in Research | Permalink