Private Equity
Transaction marks the second minority investment position held by Almanac and will support Waterton's continued growth CHICAGO, May 20, 2022 /PRNewswire/ -- Waterton, a national real estate investor and operator, and Almanac Realty Investors ("Almanac"), the private real estate investment arm of Neuberger Berman, today announced an agreement with a fund managed by Almanac to acquire a passive, minority ownership stake in Waterton. The strategic investment will provide additional resources to Waterton while having no impact on the day-to-day management, operations or business decision-making process.