Credit Suisse Vets, Hodes Weill Partner on New Firm
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Finn brings more than 30 years’ experience in financial services to Tunbridge.
NEW YORK CITY—A pair of Credit Suisse veterans is partnering with Hodes Weill & Associates on a new firm that will make minority equity investments in real estate fund managers. Known as Tunbridge Associates, the new company has been launched with approximately $500 million of capital from an investor group led by Pine Brook and Quantum Strategic Partners, an investment fund managed by Soros Fund Management. Several US-based public and corporate pension plans are also expected to make investments.
PERE reported that Tunbridge will invest in real asset fund managers with $1 billion to $10 billion of assets under management. Leading the new firm are chairman Brian Finn and portfolio manager Brian Gallary, both formerly of Credit Suisse affiliate Asset Management Finance…