London-based multi-family office and property group LJ Partnership, who recently sold a 20 percent stake of its company to Peterson Group, is to acquire a significant minority interest in retail property fund and asset managers Pradera, whose other shareholders include the current senior management team.

LJ Partnership, previously known until December 2015 as the LJ Group, operates across the globe looking after the interests and investments of a range of individuals, family offices, foundations and charities. LJ Partnership currently advises a property portfolio of approximately $4 billion.

Founded in 1...