Credit Suisse Real Estate Fund Liquidated: UBS Fund Management Takes Control
UBS Fund Management has decided to put the Credit Suisse Real Estate Fund International into an orderly liquidation to preserve investor interests.
Credit Suisse Real Estate FundUbs Fund ManagementLiquidationReal EstateInvestmentReal Estate NewsAug 15, 2024
The decision was taken following a comprehensive evaluation of the options available and in order to preserve the interest of all investors, the statement added.
UBS Fund Management is a leading asset manager in Switzerland, with a long history of managing real estate funds. The company has a strong track record of delivering returns to its investors and has a deep understanding of the real estate market.
The Credit Suisse Real Estate Fund International was a popular fund among investors, offering exposure to a diversified portfolio of real estate assets across the globe. However, the fund has been facing challenges in recent times, and the decision to liquidate it was likely taken to protect the interests of investors.
The liquidation of the fund will be carried out in an orderly manner, with the aim of maximizing returns for investors. UBS Fund Management will work closely with investors and other stakeholders to ensure a smooth transition.
Information
UBS Fund Management is a subsidiary of UBS Group AG, a leading global financial services company. UBS Group AG has a long history of providing financial services to individuals, corporations, and institutions.
UBS Fund Management is a leading asset manager in Switzerland, with a strong track record of delivering returns to its investors. The company has a deep understanding of the real estate market and offers a range of investment solutions to its clients.
Frequently Asked Questions
Why was the Credit Suisse Real Estate Fund International liquidated?
The fund was liquidated to preserve the interest of all investors, following a comprehensive evaluation of the options available.
Who will manage the liquidation of the fund?
UBS Fund Management will manage the liquidation of the fund.
What will happen to the investors in the fund?
Investors will be contacted by UBS Fund Management and will be provided with information on the next steps.
How will the liquidation of the fund be carried out?
The liquidation will be carried out in an orderly manner, with the aim of maximizing returns for investors.
What is the impact of the liquidation on the real estate market?
The liquidation of the fund is not expected to have a significant impact on the real estate market.
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