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NEW YORK CITY — The Clarion Partners and Lightyear Capital have completed the management buyout of ING Group's private market real estate investment management business in the Americas. The company, which will revert to its former name of Clarion Partners, will remain headquartered in New York City and operate in the U.S., Mexico and Brazil. Clarion Partners has ownership in nearly 1,200 properties and more than $22 billion in real estate assets under management.