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Direct Investment  + Alternative Assets  + M&As  + Real Estate  | 
JLL Buys Remaining 50% of Derivatives, Structured Finance Advisory Firm KCA

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.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.