Canadian Investment Review

PSP Investments investing in real estate advisory and tech firm

Written by Staff on Monday, April 6th, 2020 at 1:58 pm

real-estateThe 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.”

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