Aksia LLC today announced that it completed its acquisition of Alignium LLC, a provider of specialist real estate investment advisory services to institutional investors. In September, the firms announced that they had entered into an agreement and expected the transaction to close in the fourth quarter of 2020. Financial terms were not disclosed.
With the integration, Aksia’s real estate activities will be based in Chicago, which will complement Aksia’s existing offices in New York, San Diego, London, Tokyo, Athens and Hong Kong. As an alternatives research and investment advisory firm serving the needs of institutional investors, Aksia’s specialized investment teams now cover all five alternatives asset classes: private equity, hedge funds, private credit, real assets and real estate.
Clients will continue to benefit from Aksia’s broad geographic reach, as well as shared support services including client portfolio accounting, reporting, risk transparency and investment structuring teams. Aksia’s portfolio advisory teams and pan-alts operational due diligence capabilities round out support available for client alternatives programs.
Aksia LLC, together with its wholly-owned subsidiaries, (collectively, “Aksia”) employs over 290 professionals to provide specialist alternative investment research and portfolio advisory solutions to institutional investors globally. Aksia advises on over $160 billion of client alternative allocations, including more than $10 billion of committed assets under management. The firm offers the expertise and implementation capabilities to provide institutions with flexible solutions designed to meet their needs and complement existing internal resources. Aksia represents pension plans, insurance companies, government-related institutions, endowments, foundations and superannuation funds. Aksia’s research and portfolio technology platform enables clients to access manager research as well as portfolio accounting and risk transparency. Aksia is 100% employee owned and maintains offices in North America, Europe, and Asia. For more information, please visit www.aksia.com.