Lars Knudsen called his former employer “bullies, plain and simple,” claiming the RIA made false allegations about him, including accusing him of brandishing a gun in the office.
It was a remarkable week in the already indefatigable RIA market, with at least 14 deals announced, two new launches and more than $22 billion in transacted assets.
Historically, the real estate investment manager relied on independent broker/dealers to reach private wealth. It wants to diversify both its distribution and its investment offerings.
Private Equity Group PAG, CITIC Capital, Ares Management & Sovereign Wealth Funds Abu Dhabi Investment Authority & Mubadala Investment Company Invest $8.3 Billion to Own 60% of Newly Formed & Largest Shopping Mall Manager in the World with 496