CR, the pan-European real estate advisory, asset and investment management company has announced it has signed an agreement with Oxane Partners, a specialised services and solutions firm focused on the real estate and alternative investments markets. The agreement will see Oxane work in close cooperation with CR to deliver industry leading systems and technologies to support CR’s expanding asset and loan management functions. CR has also acquired an equity stake in Oxane.
Founded and owned by Vishal Soni and Sumit Gupta, former credit traders from Deutsche Bank in London, Oxane Partners (Oxane) supports global institutional investors across their investment lifecycle. With current headcount in excess of 45 professionals, Oxane is managed from offices in both London and Delhi, India.
The alliance will enable CR to deliver an ever greater breadth and scale of service to its clients, both current and future, through the deployment of the combined expertise of the two firms. The cooperation with Oxane will cover work within a number of areas including analytics, reporting and business planning across the asset and loan management functions and will provide further innovation for developing state of the art technology platforms.
Both CR and Oxane will continue to operate their individual client mandates and relationships on a fully independent and segregated basis. In order to best implement the areas of cooperation and joint development, and for the purpose of developing its own centre of technological development and innovation, CR will open an office based in Delhi, India.
Jacob Lyons, Managing Director and co-founder of CR, says: ” We are pleased to have signed this agreement with Oxane and 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. Oxane has a highly experienced and well-respected management team and we see our cooperation as mutually beneficially to the further growth and development of both companies.”
Vishal Soni, Managing Director and co-founder of Oxane, added: “We are pleased to be working with CR in supporting their business growth. By leveraging an optimal mix of our domain expertise and proprietary technology platforms, we are uniquely positioned to deliver superior solutions and better serve global investment firms. Our agreement with CR demonstrates the trust investment managers have in our ability to address their critical asset management, reporting and analytics requirements.”