Back to Newsroom
Icona Capital Expands European Real Estate Presence with Acquisition of Cromwell Property Group’s Fund Management Platform
Icona Capital, a leading alternative investment firm, has entered into a binding agreement to acquire Cromwell Property Group's European fund management platform and related co-investments. The deal, valued at €280 million, includes assets totaling €3.9 billion and positions Icona to lead a major expansion in European real estate markets.
Oct 21,2024
Share this article
European Real Estate Platform
Under Max‑Hervé George’s leadership, Icona Capital—part of SWI Group—has acquired Cromwell’s European real estate platform, adding €4 billion to its AUM. The transaction reinforces SWI’s institutional platform with regional execution capabilities across Europe.
Reported By
For press-related enquiries:
Contact us at press@iconacapital.com