Koll Joins Investment Trust Venture

Koll of Newport Beach has joined with one of the nation’s largest money managers to help institutional investors get into publicly traded real estate investment trusts. Formed with Alliance Capital Management L.P. of New York, the new venture is called Alliance Capital/Koll Real Estate Securities. It will combine Koll’s real estate expertise with the advising skills of Alliance, which has $157 billion in assets under management.

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Debora Vrana covers real estate for The Times. She can be reached at (714) 966-5979 and at debora.vrana@latimes.com