CION Investments and Man Group announce partnership

ByRichard C. Sloan

Nov 30, 2021

NEW YORK–(COMMERCIAL THREAD) –CION investments (CION), a leading manager and distributor of alternative investment solutions, today announced a joint venture partnership with Group of men, an active global asset manager with $ 139.5 billion in assets under management.

The collaboration will begin with Man Global Private Markets (Man GPM), the private markets division of Man Group, specializing in equity and residential real estate debt. Man GPM has over $ 3.3 billion in assets under management, including committed capital, and has deployed over $ 7 billion of capital in the form of equity investments and debt since its inception.

CION and Man Group will work together to create unique, scalable and accessible investment solutions that leverage Man GPM’s expertise in asset origination, operation and management and investment sense, product management and distribution experience of CION.

Man GPM has been managing equity and debt investments in US residential real estate since 2012, with a focus on single-family rentals and residential investment loans. Through its single-family rental investment platform, the company has managed the acquisition and / or development of more than 5,200 units / lots in 13 states and 18 markets through buy-to-let and build-to-lease strategies. With respect to debt-guaranteed residential investment property investments, the company has managed the financing of over 18,000 single-family and multi-family investment properties with a total value of over $ 10 billion through purchases of whole loans, senior credit facilities with cross guarantees and direct financing of real estate.

Michael A. Reisner and Mark Gatto, Co-CEO of CION, said: “We are very excited about this new venture with Man Group as we seek to further meet growing customer demand for private market solutions. As the first entrant into residential real estate in the United States, we believe Man Group has the scale, operational experience and portfolio management expertise needed for a partner in this space.

Eric Burl, Director of Man GPM, said: “We look forward to partnering with CION, a company renowned for providing innovative alternative investment solutions to its clients. Investors are increasingly turning to private markets to meet the need for more income and portfolio diversification. As a company built on a commitment to alpha generation, technological innovation and risk management, we believe we can add value to investor portfolios and are delighted with the opportunity to offer our real estate platform to a wider range of investors.

ABOUT CION INVESTISSEMENTS

CION Investments is a leading manager of investment solutions designed to redefine the way individual investors can build their portfolios and help them achieve their long-term investment goals. With more than 30 years of experience in the alternative asset management industry, CION strives to level the playing field by giving investors direct access to leading asset management, historically reserved for larger institutions.

CION currently manages CION Investment Corporation (NYSE: CION), a publicly traded BDC with approximately $ 1.8 billion in assets under management and sponsors, through CION Ares Management, CION Ares Diversified Credit Fund, a globally diversified credit interval with approximately $ 2.1 billion in total assets under management. Visit www.cioninvestments.com to learn more.

ABOUT MAN GPM

Man GPM is the driving force behind Man Group plc’s global private markets. The company manages investments in real estate and corporate assets across the global capital structure and has extensive experience in real estate investments in equities and debt securities and in specialized loans. Man GPM takes a hands-on approach to the origination, internal structuring and ongoing active management of its investors’ investments with the goal of generating alpha on behalf of its investors.

Man GPM has offices in the US and UK with a team of 27 investment professionals, supported by the dedicated staff of Man GPM and the shared resources and infrastructure of Man Group. As of September 30, 2021, the team manages over $ 3.3 billion in assets, including committed capital and over $ 7 billion in deployed capital. For more information visit www.man.com/gpm.

ABOUT THE MEN GROUP

Man Group is an active, technology-enabled global investment management company focused on delivering alpha and portfolio solutions to its clients. Based in London, the company manages $ 139.5 billion * and operates in several offices around the world.

Man Group invests in a wide range of strategies and asset classes, with a mix of long-only and alternative strategies executed on a discretionary and quantitative basis, in liquid and private markets. The company’s investment teams work within Man Group’s unique operating platform, allowing them to invest with a high degree of autonomy while benefiting from collaboration, strength and of the resources of the entire company. Man Group’s platform is backed by cutting edge technology, supporting our investment teams every step of the way, including alpha generation, portfolio management, trade execution and management. risks.

Man Group plc is listed on the London Stock Exchange under the symbol EMG.LN and is part of the FTSE 250 index. Further information can be found at www.man.com.

* All investment management and advisory services are offered through the investment ‘engines’ of Man AHL, Man Numeric, Man GLG, Man Solutions / FRM and Man GPM.

All AUM figures are as of September 30, 2021.


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