
JLL Buys Remaining 50% of Derivatives, Structured Finance Advisory Firm KCA
JLL, a firm focused on real estate and investment management, has wholly acquired Kensington Capital Advisors (KCA), a North Carolina-based derivatives and structured finance advisory firm. The purchase included technology platform Frame Financial Systems.
Financial terms of the transaction were not made available.
When JLL bought HFF in 2019 the company also gained a 50% ownership of KCA. The acquisition of KCA and Frame expands the global derivatives advisory capabilities and end-to-end capital solutions.
KCA and Frame’s 23 employees will join the Capital Markets and JLL Technologies teams, and the technology product will be offered as a SaaS solution for commercial real estate investor clients looking to manage their corporate real estate debt portfolios.
“Combining KCA’s strategic advisory capabilities and Frame technology with our market-leading experts in Debt Advisory across the world and our global platform is going to create real value for our clients,” said Richard Bloxam, CEO of Capital Markets, JLL.