PSP Investments investing in real estate advisory and tech firm
BY Staff | April 6, 2020
The Public Sector Pension Investment Board is making a strategic investment in SitusAMC, which provides advisory, outsourcing, talent and technology solutions to both the commercial and residential real estate finance industries.
PSP Investments joins previous backer, private-equity firm Stone Point Capital, which is set to remain SitusAMC’s largest shareholder.
“SitusAMC has a bold vision for their industry, supported by a proven leadership team, a strong operational foundation and world-class services and technology offerings,” said Martin Longchamps, managing director of private equity at PSP Investments, in a press release. “We look forward to supporting the team, alongside Stone Point, in its next phase of growth.”