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Consolidated Investment Group (CIG) is a private investment company managing a large, international portfolio. The firm manages the assets of David Merage, who co-founded Hot Pockets, with his brother Paul Mirage. Founded in 1975, the company was sold to Nestle in 2002 for $2.6 billion. Since the Consolidated's founding in 2003, the firm has actively invested in real estate, capital markets, private equity, and philanthropy. CIG's Capital Markets division invests across the asset class spectrum to build an investment portfolio which consistently generates superior risk adjusted returns over long term time horizons. CIG Private Equity is flexible and can invest in a number of situations, including family-owned company transitions, private transactions, corporate divestitures, private equity exits, capital constrained or underperforming companies, and special situations. The firm's real estate portfolio is comprised of multi-family apartments (U.S and Israel), office buildings (U.S., Europe and Israel), industrial holdings, and land holdings for development. David Merage is a passionate venture philanthropist, and together with his wife Laura, has founded the David & Laura Merage Foundation which invests in social change. The real estate portfolio includes investments in more than 70 properties across the U.S.
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