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
Strategy

We seek to identify assets with unrealized potential, to purchase them at an appropriate price and to unlock the inherent value of the assets through the application of sound investment strategies, including:

Redevelopment and renovation – Create value through improving the quality of the asset.

Lease-up – Create value through net cash flow growth and stabilization of the asset.

Recapitalization – Create value by investing in existing properties or portfolios to stabilize the asset.

Repositioning – Create value by increasing occupancy, securing stronger credit tenants, improving the tenant mix and negotiating more favorable lease terms.

Financing – Create value through improved debt structure.

Change of management – Create value through superior on-site management and leasing.

Forward Purchase Commitments – Create value through the positive difference between the cost of developing a property and the market value of the asset after stabilization.

Joint Venture Development – Create value by entering into joint ventures with "best in class" development partners.

Further more, we aim to manage risk by creating portfolios that are diversified by product type, geographic location and product life cycle phases.