Friday , 20 October 2017
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Lionstone Investments to be Acquired by Columbia Threadneedle

Jane Page, CEO of Lionstone Investments

HOUSTON – (Realty News Report) – Columbia Threadneedle Investments has announced an agreement for Columbia Management Investment Advisers, LLC to acquire Houston-based Lionstone Partners, Ltd., a leading national real estate investment firm operated as Lionstone Investments.

Lionstone is a participant in a number of of major projects in Houston, including several with Midway Cos., including the GreenStreet mixed-used development in downtown, the Jones on Main redevelopment in the 700 block of Main Street and the Buffalo Heights development on Washington Avenue.
Lionstone, which manages  $6 billion in assets, will continue to be based in Houston and the Lionstone executive team will remain in place, operating under the Lionstone brand.
“Columbia Threadneedle’s leadership, experience, and culture are complementary to Lionstone’s, making this a strong strategic partnership,” said Lionstone chief executive officer Jane Page. “Our foundational investment philosophy and approach will remain the same.”
The transaction is expected to close later this year.
Lionstone was founded in 2001 by Tom Bacon, Glenn Lowenstein, and Dan Dubrowski.

Columbia Threadneedle Investments is the global asset management group of Minneapolis-based  Ameriprise Financial, Inc.
Sept. 20, 2017 Realty News Report Copyright 2017

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