La Française is to take majority ownership of Forum Securities.
Forum will transfer an 80% interest in its wholly owned subsidiary, Forum Securities, which manages private investment accounts for institutions and family offices, to La Française.
The companies will look to broaden their product offering to include infrastructure and commodities, a Sharia-compliant listed real estate investment fund, listed green real estate funds and sector-specific listed real estate funds.
The platform will be re-branded La Française Forum Securities, with Jana Sehnalova, portfolio manager in Singapore, serving as global head and managing director.
Completion is expected this quarter.
Philippe Lecomte, chief executive at La Française International, said: “This is a win-win scenario. Forum Securities will gain full access to La Française resources and global fund-raising capabilities.”
Investors will, Lecomte said, benefit from a broader real estate investment product line.
“La Française will further expand its international development and footprint by gaining solid exposure to the US and Singapore markets,” Lecomte said.
“Real estate, both listed and unlisted, is occupying an increasingly significant percentage of investor asset allocations.”
The moves comes two years after the companies’ strategic partnership and launch of the La Française Lux-Forum Global Real Estate Securities Fund.
Forum Securities, established in 2009, has seven full-time employees in the US, Singapore and London.
La Française said it would continue to expand in the US and Asia.
The existing product line will continue to be managed by Forum Securities.
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