From: Sent: Tuesday, September 4, 2012 5:38 PM To: [email protected] Subject: Credit Des Alpes Acquires Interest in Parinvest Group Miami Bloomberg.com <dvise://00000040.html/> Businessweek.com <http://www.businessweek.com/> Bloomberg TV <dvise://00000040.html/tv/> Premium <http://www.businessweek.com/> Credit Des Alpes Acquires Interest in Parinvest Group By Aaron Kirchfeld - 2012-09.01T17:00:OOZ Swiss investment bank Credit des Alpes <http://www.creditdesalpes.com/> =greed to acquire an interest in Parinvest Group <http://parinvest.com/parinvest/> , = Miami- based real estate broker and asset manager. The transaction will lead to the creation of a new company, Parinvest Asset Management Inc., that will provide property sales and asset management =ervices to foreign investors in Miami, Los Angeles <http://topics.bloomberg.com/los- angeles/> and =A href="http://topics.bloomberg.com/new-york/">New York, Credit =es Alpes said inane- mailed statement. Financial terms of the deal, which =he firm said would help it access investment opportunities for Latin American =clients, were not disclosed. "Certain areas of the U.S. real estate market are, and will continue to be, safe =nd sound investments," Credit des Alpes chairman Fabrizio Cerina said in =he statement. "We have seen a strong increase in interest from our Latin =merican client base and we expect this trend to continue." =o:p> Credit des Alpes and Parinvest have been collaborating to advise clients on Miami =property transactions since 2007, according to the statement. http://www.bloomberg.com/news/2012-09-01/credit-des-alpes-acquires=interest-in-parinvest-group.html <http://www.bloomberg.com/news/2012-09-01/credit-des-alpes-acquires-=nterest-in-parinvest-group.html> To contact the re orter on this sto : Aaron Kirchfeld in London at <mail To contact the editor res onsible for this story: Jacqueline Simmons at <mailt Bloomberg moderates all comments. Comments that are abusive or off-