CR teams up with Oxane, takes equity stake

Pan-European real estate advisor and manager CR Investment Management and Oxane Partners, a UK-headquartered service company for alternative asset managers, have formed a new partnership to deliver systems and technologies to support CR's asset and loan management functions. The arrangement also sees CR taking an equity stake in Oxane.

According to Jacob Lyons, partner and co-founder at CR, "We see considerable strategic rationale in the acquisition of a stake in the company. Oxane’s industry-leading technology and services are the perfect combination with CR’s industry leading advisory and principal finance activities"

Founded and owned by Vishal Soni and Sumit Gupta, former credit traders from Deutsche Bank in London, Oxane is managed from offices in both London and Delhi, India. CR said it would also be opening an office in Delhi and that the alliance would enable it to deliver an ever broader range of services to its clients, in areas including analytics, reporting and business planning across asset and loan management functions, as well as in the development of technology platforms.

Both CR and Oxane will continue to operate their individual client mandates and relationships separately on an independent basis, the companies said.