Services for Institutions Corporations Individuals Broker/Dealers and IAs International  
Institutional Sales and Trading
INVESTMENT MANAGEMENT
OUR BUSINESSES
Investment Management Investment Services Insurance Services Investment Banking Consulting Real Estate
2008 Outlook

Currency Management
Equity Management
Fixed Income Management
Hedge Fund of Funds
Institutional Real Estate, Fund of Funds
Institutional Sales/Trading
Investment Strategies
Private Equity
Public Finance
Public Sector Insurance
Real Estate
Philosophy

We believe that opportunities exist in the real estate market to achieve above-market, risk-adjusted returns through the purchase of assets whose full values have yet to be realized. The successful implementation of this philosophy relies on a thorough understanding of the cyclical nature of real estate and an ability to mitigate down-side risk through proactive asset management and extensive investment research.

Strict adherence to our philosophy is assured through the integration of all phases of our investment process.