NEW YORK, NY, April 5 (Bernama-AsiaNet) — Shelter Rock Capital Advisors (Shelter Rock) today announced it has formed a strategic alliance with Penmount Partners to lead Shelter Rock’s expansion in Asia.Penmount’s Managing Partner is industry veteran Philip (Lev) Levinson a Singapore-based, real estate focused, capital advisor. He established Blackstone’s presence in Australia and, most recently, led the IPO of Cromwell European REIT, a EUR1 billion diversified REIT with assets across five European countries, listed in Singapore – the first of its kind in Asia.
Walter Stackler, Shelter Rock Founder and Managing Partner, said, “I’m thrilled to partner with Lev as we expand our Asian distribution activities beyond Japan. He has had great success in Asia with leading firms like LaSalle, Park Hill and Blackstone. His thoughtful and creative approach to helping real estate firms grow their businesses is fully aligned with Shelter Rock’s philosophy and will further strengthen Shelter Rock’s reach with global investors beyond our existing international activities in Latin America, Europe and Japan.”