Orange Capital To Change CQO Management

Hedge fund firm Orange Capital, along with Luxor Capital Group and Point Lobos Capital, is seeking to replace the management of Australia’s Charter Hall Office Management.

Hedge fund firm Orange Capital, along with Luxor Capital Group and Point Lobos Capital, is seeking to replace the management of Australia’s Charter Hall Office Management (CQO). The consortium is planning a meeting for CQO shareholders to be held around July 27, 2011. CQO, which supervises property on behalf of its clients, is currently being handled by real estate assets manager Charter Hall Group. The group is expected to be replaced by Moss Capital Funds Management, supported by Fortius Funds Management.

Click here for the release from Charter Hall.