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From:
Sent: Tuesday, September 4, 2012 5:38 PM
To: [email protected]
Subject: Credit Des Alpes Acquires Interest in Parinvest Group Miami
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Credit Des Alpes Acquires Interest in Parinvest Group
By Aaron Kirchfeld - 2012-09.01T17:00:OOZ Swiss investment bank Credit des Alpes <http://www.creditdesalpes.com/>
=greed to acquire an interest in Parinvest Group <http://parinvest.com/parinvest/> , = Miami- based real estate broker
and asset manager.
The transaction will lead to the creation of a new company, Parinvest Asset Management Inc., that will provide property
sales and asset management =ervices to foreign investors in Miami, Los Angeles <http://topics.bloomberg.com/los-
angeles/> and =A href="http://topics.bloomberg.com/new-york/">New York, Credit =es Alpes said inane- mailed
statement. Financial terms of the deal, which =he firm said would help it access investment opportunities for Latin
American =clients, were not disclosed.
"Certain areas of the U.S. real estate market are, and will continue to be, safe =nd sound investments," Credit des Alpes
chairman Fabrizio Cerina said in =he statement. "We have seen a strong increase in interest from our Latin =merican
client base and we expect this trend to continue." =o:p>
Credit des Alpes and Parinvest have been collaborating to advise clients on Miami =property transactions since 2007,
according to the statement.
http://www.bloomberg.com/news/2012-09-01/credit-des-alpes-acquires=interest-in-parinvest-group.html
<http://www.bloomberg.com/news/2012-09-01/credit-des-alpes-acquires-=nterest-in-parinvest-group.html>
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©2012 BLOOMBERG L.P. ALL RIGHTS RESERVED.
Philippe Schlumberger
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