Grosvenor Fund Management (GFM) has appointed Bruce M. Ambler, Jr. Chief Operating Officer for its Philadelphia-based US operation.
The $100 million Grosvenor Residential Investment Partners I, LP (GRIP), sponsored by Grosvenor Fund Management (GFM) of Philadelphia, PA and KeyCorp Fund Management Group, an affiliate of KeyCorp (NYSE: KEY), is fully invested. Since 2008, the fund has invested in 20 residential land and/or development projects in 13 states. Individual investments have ranged from about […]
GROSVENOR INVESTMENT MANAGEMENT COMMITS $93 MILLION TO FINANCE MULTIFAMILY DEVELOPMENT IN NYC, TEXAS
Grosvenor Investment Management US, Inc. (GIM) recently has committed approximately $93 million to fund development of five multifamily communities with a total of 1,197 rental apartments. These projects include two highly visible developments in New York City with a total of 405 apartments. In its latest closing on behalf of a domestic public pension fund, […]