Pan-European advisory firm CR has signed an agreement with Oxane Partners, a specialist provider focusing on the real estate and alternative investments markets.
The agreement will see Oxane work in cooperation with CR to deliver systems and technologies to support CR’s asset and loan management functions. CR has also acquired an equity stake in Oxane.
'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,' Jacob Lyons, Managing Director and co-founder of CR commented. '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.'
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.
'We are pleased to be working with CR in supporting their business growth,' commented Vishal Soni, managing director and co-founder of Oxane. '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.'
Both CR and Oxane will continue to operate their individual client mandates and relationships on an independent and segregated basis.
