History

1965
Firm founded by European investor group

1970
U.S. operation founded (Lehndorff Group)

1978
First institutional separate account client: British Gas

1983
David L. Babson partnership formed (Lehndorff & Babson)

1984 
SEC registration obtained
First institutional commingled fund: L&B Property Fund I

1992
United Asset Management (UAM) acquired firm (renamed L&B)

1995
L&B acquired Babson’s interest
L&B acquired Gleeson Realty Advisors

2000
Old Mutual plc acquired UAM

2002
L&B/Tradewind Partners formed to expand Hawaii investment platform

2005
L&B management buyout from Old Mutual

2006 
Employee Equity Program established
Opportunistic fund: L&B Medical Properties Partners, LP

2007 
Value-added fund: L&B Diversified Strategy Partners, LP

2009
L&B Mayfair Partners formed to expand U.K. investment platform

2011
Core fund: L&B Core Income Partners, LP