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Icona Capital Expands with Cromwell’s European Platform Purchase

Icona Capital has announced a strategic partnership with Cromwell Property Group to acquire its European fund management platform, along with its co-investments.

Special Situations / Distressed

Icona Captal

Under the leadership of Max‑Hervé George, Icona Capital—part of SWI Group—acquires Cromwell’s European real estate assets, adding €4 billion to its AUM. The strategic move strengthens the firm’s footprint across 15+ countries with institutional-grade discipline and local market insight.

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