Icona Capital, an independent, London-based investment firm focused on real estate, credit, private equity, special situations and growth equity, has acquired a 40% minority stake in global real estate investment company, Stoneweg.
The strategic partnership creates a combined €8 billion platform leveraging both partners’ capital sourcing, deal flow origination and asset distribution capabilities.
Stoneweg has been identifying real estate opportunities and structuring investment products in Switzerland, Spain, Andorra, Italy, UK, Ireland and the US since 2015. The company has enjoyed a strong period of growth since its inception and now employs over 140 professionals managing more than €5 billion of real estate assets.