Grosvenor Capital Management LP is buying the Customized Fund Investment Group from Credit Suisse Group AG (NYSE: CS).

New York-based Customized Fund Investment is a private equity, infrastructure, and real estate investment management company. The firm has $18 billion in assets under management and 11 offices around the world. After the deal closes, Customized Fund Investment will be renamed the GCM Customized Fund Investment Group. Terms of the deal were not disclosed.

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