Trusted Insighthttp://thetrustedinsight.com/2024-01-08T09:01:06.633615-05:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
3 Private Equity Stocks To Watch
2024-01-08T09:01:06.633615-05:00https://www.thetrustedinsight.com/investment-news/3-private-equity-stocks-to-watch-20240108978/
The private equity industry is well-positioned for substantial growth in the future, largely attributable to a growing High-Net-Worth Individuals (HNWI) base, an uptick in global deals, and the sector's enhanced...
Ares Capital: Strong Performance And High Dividend Yield (nasdaq:arcc)
2023-11-27T15:31:19.144049-05:00https://www.thetrustedinsight.com/investment-news/ares-capital-strong-performance-and-high-dividend-yield-nasdaqarcc-20231127458/
Ares Capital (NASDAQ:ARCC) is a leading business development company (BDC) that provides financing solutions for middle-market companies in various industries. The company is externally managed by a subsidiary of Ares Management Corporation, a global alternative investment manager with over $200 billion of assets under management. The company's investment objective is to generate both current income and capital appreciation through debt and equity investments. The company invests primarily in first and second-lien senior secured loans, mezzanine debt, and equity securities. The company also can offer one-stop financing solutions to its portfolio companies.
Prospect Capital Corporation: No Longer A Prospective Investment For Me (nasdaq:psec)
2023-11-17T11:31:09.362378-05:00https://www.thetrustedinsight.com/investment-news/prospect-capital-corporation-no-longer-a-prospective-investment-for-me-nasdaqpsec-20231117123/
Prospect Capital Corporation (NASDAQ:PSEC) is a high yielding BDC investment trading at a steep discount. While several factors prop this company up as a potentially strong BDC play, I've decided to sell due to its long history of performance decline not conducive to my income portfolio. PSEC is a Business Development Company (BDC) that primarily invests in senior loans and mezzanine debt, often with an equity component. They provide capital to middle-market companies and private equity sponsors for various purposes like refinancing, leveraged buyouts, acquisitions, recapitalizations, growth investments, and capital expenditures.
Mohawk Industries, Inc. (mhk) Q3 2023 Earnings Call Transcript
2023-10-27T18:31:20.599776-04:00https://www.thetrustedinsight.com/investment-news/mohawk-industries-inc-mhk-q3-2023-earnings-call-transcript-20231027284/
Good morning, everyone. My name is Jamie, and I will be your conference operator today. At this time, I would like to welcome everyone to Mohawk Industries Third Quarter 2023 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer period. [Operator Instructions] As a reminder, ladies and gentlemen, this conference is being recorded today, Friday, October 27, 2023. Thank you. I would now like to introduce Mr. James Brunk. Mr. Brunk, you may begin your conference. Thank you, Jamie. Good morning, everyone.
Bdcs Put 10%+ Private Equity Yields In The Working Man’s Pocket
2023-10-22T10:31:06.481455-04:00https://www.thetrustedinsight.com/investment-news/bdcs-put-10-private-equity-yields-in-the-working-mans-pocket-20231022025/
Let’s talk income investments that are usually reserved for rich folks: deal-making private-equity (PE) funds! :
Let’s talk income investments that are usually reserved for rich folks: deal-making private-equity (PE) funds! Usually there’s a sizable fee to get into PE. Unless you know the secret knock at the back-door entrance, which is more our style anyway. These business development companies (BDCs) exist thanks to a perfectly legal loophole that lets anyone with an IRA or brokerage account tap into not just one or two private-market companies, but dozens at a time.
Commercial Real Estate Today: An Overview
2023-07-18T22:01:06.963486-04:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-today-an-overview-20230718082/
Our primer on commercial real estate (CRE) investing explored the core components of real estate investing decisions. But what about CRE investing in the current environment? How has the post-pandemic world of renewed geopolitical tensions, resurgent inflation, and rising interest rate pressures reshaped how real estate capital markets operate? How has hawkish monetary policy impacted CRE over the past year? Where is the CRE sector headed, and how can investors respond? Here we explore the historical data as well as various theories and perspectives on CRE’s “new normal.” Above all, we consider what strategies may emerge for investors.
Nine Goulston & Storrs Directors Named To 2023 Lawdragon 500 X - The Next Generation List
2023-07-18T13:31:06.201128-04:00https://www.thetrustedinsight.com/investment-news/nine-goulston-storrs-directors-named-to-2023-lawdragon-500-x-the-next-generation-list-9pT2oKY8aTxkD3mZ8RApFW-20230718065/
BOSTON, July 18, 2023 /PRNewswire/ -- Goulston & Storrs, an Am Law 200 firm, is pleased to announce that directors Maura Brancaccio, Ashley Brown, Frank Ditta, Mariana Korsunsky, David Lewis, David Linhart, Casey Milianta, Julia Rosequist, and Allison Sherrier have been named to the inaugural 2023 Lawdragon 500 X: The Next Generation Lawdragon list. According to Lawdragon, "The achievements and pace at which these lawyers have vaulted to the forefront of the legal profession is remarkable."
Nine Goulston & Storrs Directors Named To 2023 Lawdragon 500 X - The Next Generation List
2023-07-18T12:31:28.658378-04:00https://www.thetrustedinsight.com/investment-news/nine-goulston-storrs-directors-named-to-2023-lawdragon-500-x-the-next-generation-list-20230718063/
BOSTON, July 18, 2023 /PRNewswire/ -- Goulston & Storrs, an Am Law 200 firm, is pleased to announce that directors Maura Brancaccio, Ashley Brown, Frank Ditta, Mariana Korsunsky, David Lewis, David Linhart, Casey Milianta, Julia Rosequist, and Allison Sherrier have been named to the...
Optimizing The Capital Stack In Today’s Market
2023-07-15T08:31:17.969296-04:00https://www.thetrustedinsight.com/investment-news/optimizing-the-capital-stack-in-todays-market-20230715995/
The capital stack in a real estate investment includes common equity from a sponsor or general partner and preferred equity from limited partners and investors.
Former Keycorp Executive, E.j. Burke, Joins Citymark Capital Advisory Board
2023-06-22T14:01:07.543045-04:00https://www.thetrustedinsight.com/investment-news/former-keycorp-executive-ej-burke-joins-citymark-capital-advisory-board-20230622194/
CLEVELAND, June 22, 2023 /PRNewswire/ -- Citymark Capital, a private equity real estate investment firm and fund manager headquartered in Cleveland, Ohio, is pleased to announce that E.J. Burke has been appointed to its advisory board. Burke retired from KeyBank in 2019 after numerous senior executive roles including Co-President of Key Community Bank with primary responsibility for KeyBank's Commercial and Private Banks as well as KeyBank Mortgage.
Automatic Data Processing, Inc. (adp) Baird's 2023 Global Consumer, Technology And Services Conference (transcript)
2023-06-08T14:01:07.187775-04:00https://www.thetrustedinsight.com/investment-news/automatic-data-processing-inc-adp-bairds-2023-global-consumer-technology-and-services-conference-transcript-20230608669/
Automatic Data Processing, Inc. (NASDAQ:ADP) Baird’s 2023 Global Consumer, Technology and Services Conference Call June 8, 2023 8:30 AM ET Good morning, everybody. I'm Mark Marcon. I follow Human Capital Technology & Solutions for Baird. Our next presenting company is ADP. As I think, virtually everybody knows, ADP is the largest provider of payroll and HCM solutions, certainly in the U.S. and likely in the world paying one out of every six private sector employees in the U.S. Today, we are very pleased to have Don McGuire, the CFO with us.
Workday, Inc. (wday) Bank Of America 2023 Global Technology Conference (transcript)
2023-06-06T14:31:19.748027-04:00https://www.thetrustedinsight.com/investment-news/workday-inc-wday-bank-of-america-2023-global-technology-conference-transcript-20230606572/
Workday, Inc. (NASDAQ:WDAY) Bank of America 2023 Global Technology Conference June 6, 2023 10:50 AM ET Why don’t we get started here. Delighted to be kicking off the conference this year, new venue, looking forward to a great week with everybody. Excited to be kicking it off here with Carl Eschenbach from Workday, very fortunate to have Carl here. Just before I do, I want to mention that we have a great week lined up here. 530 institutional investors are here in attendance. 150 companies with fireside chats and key notes. 15 panels with 25 private companies.
Citymark Capital Establishes New York Office, Appoints Matthew Hirsch As Managing Director, Structured Capital Markets
2023-06-06T12:31:31.674009-04:00https://www.thetrustedinsight.com/investment-news/citymark-capital-establishes-new-york-office-appoints-matthew-hirsch-as-managing-director-structured-capital-markets-20230606558/
NEW YORK, June 6, 2023 /PRNewswire/ -- Citymark Capital, a private equity real estate investment firm and fund manager headquartered in Cleveland, Ohio, is pleased to announce that Matthew Hirsch has joined the company as Managing Director of Structured Capital Markets. Hirsch will leverage Citymark's existing fund management platform to accelerate the company's growth as a capital solutions provider by strategically investing Citymark's existing fund capital and attracting new third-party investor capital in preferred equity, mezzanine debt and common equity structures, as well as senior debt purchases.
With A Total Investment Value Of $8.4 Billion, Neom Green Hydrogen Company Completes Massive Financial Close
2023-05-23T19:31:07.231733-04:00https://www.thetrustedinsight.com/investment-news/with-a-total-investment-value-of-84-billion-neom-green-hydrogen-company-completes-massive-financial-close-20230523055/
NEOM Green Hydrogen Company (NGHC) is an equal joint venture by ACWA Power, Air Products, and NEOM. NEOM Green Hydrogen Company announced that following signing financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on the world’s largest green hydrogen production facility at a total investment…
Distress Investing: A Tale Of Two Case Studies
2023-05-17T07:01:31.294880-04:00https://www.thetrustedinsight.com/investment-news/distress-investing-a-tale-of-two-case-studies-20230517725/
With recession forecasted in many economies this year or next, distressed situations will be an important source of deals for prospective investors. But what will matter is whether the targets are permanently impaired or can be turned around. Two real-life scenarios from the debt bubble of the early aughts and the ensuing credit crunch provide helpful guidance. The UK investment firm Candover bought the hygienic products producer Ontex (OTCPK:ONXXF) for €1 billion, or 8.1 times EBITDA, in 2002. The debt package, composed of bog-standard senior and mezzanine loans, totaled 6 times earnings.
Pgim Buys Majority Stake In Deerpath Capital
2023-05-11T07:01:13.050814-04:00https://www.thetrustedinsight.com/investment-news/pgim-buys-majority-stake-in-deerpath-capital-20230511480/
The $1.2 trillion global asset management business of Prudential Financial has acquired a majority interest in US private credit and direct lending manager Deerpath Capital Management (Deerpath).
Stepstone Group: A Concerning Valuation Story (nasdaq:step)
2023-05-03T07:06:17.267498-04:00https://www.thetrustedinsight.com/investment-news/stepstone-group-a-concerning-valuation-story-nasdaqstep-20230503155/
This article examines the potential risks and headwinds that could affect StepStone Group's (NASDAQ:STEP) financial health and growth prospects, including market volatility, competition in the private markets space, a slowdown in venture fundraising, geopolitical risks associated with its international expansion plans, and the efficacy of its data and technology capabilities. Ultimately, I believe that my analysis will provide investors with an informed opinion on whether or not they should consider selling the stock to avoid potential losses.
Argosy Private Equity Acquires Vac2go
2023-03-21T16:01:06.581568-04:00https://www.thetrustedinsight.com/investment-news/argosy-private-equity-acquires-vac2go-20230321275/
WAYNE, Pa., March 21, 2023 /PRNewswire/ -- Argosy Private Equity, a lower middle market private equity firm, today announced the acquisition of Vac2Go, LLC ("Vac2Go" or the "Company"). This is the seventh investment in Argosy's sixth lower middle market fund. Founded in 2011 and...
Peakhill Capital Expands Credit Business Into U.s. Through Hiring Of Sandor Biderman
2023-03-16T12:01:17.027000-04:00https://www.thetrustedinsight.com/investment-news/peakhill-capital-expands-credit-business-into-us-through-hiring-of-sandor-biderman-20230316986/
BETHESDA, Md., March 16, 2023 /CNW/ - Peakhill Capital announced today that it has expanded its credit footprint into the United States. As part of its U.S. expansion plan, Peakhill has added a new managing partner, Sandor Biderman, to lead its U.S. credit operations and grow the company's North American credit reach. Biderman brings over thirty years of experience in loan origination, credit, and investment management. He will work alongside Harley Gold, Managing Partner of Peakhill Capital and Jonah Belkin, Managing Partner of Peakhill Equity Partners who will continue to be focused on overseeing the Company's investment strategies.
Broad Street Realty, Inc. Update From Michael Z. Jacoby, Chairman Of The Board And Chief Executive Officer - Broad Street Realty (otc:brst)
2023-03-09T17:31:27.189349-05:00https://www.thetrustedinsight.com/investment-news/broad-street-realty-inc-update-from-michael-z-jacoby-chairman-of-the-board-and-chief-executive-officer-broad-street-realty-otcbrst-20230309360/
BETHESDA, Md., March 9, 2023 /PRNewswire/ -- Broad Street Realty, Inc. (OTCQX:BRST)
To all our stakeholders. Last year at this time, I wrote a similar letter to all our stakeholders. I pointed out our significant 2021 growth and talked about being poised to grow again in 2022. Grow we did: virtually doubling the total assets owned by the company. We remain focused on essential grocery anchored and mixed-use assets throughout the Mid-Atlantic, Southeast and Colorado markets.
Onex Corporation (onexf) Q4 2022 Earnings Call Transcript
2023-02-24T14:01:06.242725-05:00https://www.thetrustedinsight.com/investment-news/onex-corporation-onexf-q4-2022-earnings-call-transcript-20230224725/
Welcome to Onex Fourth Quarter and Full Year 2022 Conference Call and Webcast. During the presentation, all participants are in a listen-only mode. Afterward, we will conduct a question-and-answer session with pre-qualified analysts. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to introduce your host for today’s conference call, Jill Homenuk, Managing Director of Shareholder Relations and Communications at Onex. Please go ahead. Thank you. Good morning, everyone, and thanks for joining us. We are broadcasting this call on our website.
Harbor Group International Secures $1.6B In Capital Commitments For Multifamily Credit Fund
2023-01-25T09:31:15.662335-05:00https://www.thetrustedinsight.com/investment-news/harbor-group-international-secures-16b-in-capital-commitments-for-multifamily-credit-fund-20230125480/
CPP Investments makes $585 million commitment to the fund, marking its third investment with HGI in four years
NORFOLK, Va., Jan. 25, 2023 /PRNewswire/ -- Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced that its Multifamily Credit Fund ("the fund") has secured a total of approximately $1.6 billion in capital commitments, including a $585 million USD commitment from CPPIB Credit Investments III Inc., a wholly-owned subsidiary of the Canada Pension Plan Investment Board ("CPP Investments"). The commitment marks CPP Investments' third investment with HGI since 2019.
Manhattan’s 10 Biggest Real Estate Loans In September
2022-10-11T10:01:05.932919-04:00https://www.thetrustedinsight.com/investment-news/manhattans-10-biggest-real-estate-loans-in-september-20221011909/
All that glitters is not gold, and ultra-pricy Manhattan real estate certainly glitters. Several residential projects in the borough, modest and otherwise, proved credit worthy last month, including 111 West 57th Street, a Billionaires’ Row tower beset by years of financial distress and scandal, where one of the original lenders began to mop up what’s left of the building’s debt (still a lot). Large office buildings also dotted the list of big loans, with workplace
The post Steinway Tower refi topped Manhattan loans in September appeared first on The Real Deal New York.
Highlight Reel Of Fortress Investment Group's Real Estate Deals
2022-08-11T13:31:06.923916-04:00https://www.thetrustedinsight.com/investment-news/highlight-reel-of-fortress-investment-groups-real-estate-deals-20220811056/
Fortress Investment Group has played a key role in some of real estate’s biggest — and most audacious — deals. From Harry Macklowe’s infamous $7 billion purchase of a chunk of the Equity Office Properties portfolio, to the $5.5 billion sale of Stuyvesant Town–Peter Cooper Village, to backing Trump Tower Chicago, the private equity firm earned a reputation for getting involved in hairy projects that scared others away. Now, with SoftBank considering a sale of
The post The Fortress real estate hall of fame appeared first on The Real Deal New York.
How A Celebrity Ceo’s Rule Of Fear Helped Bring Down Hot Start-up Zilingo - Cna
2022-08-08T07:31:21.915441-04:00https://www.thetrustedinsight.com/investment-news/how-a-celebrity-ceos-rule-of-fear-helped-bring-down-hot-start-up-zilingo-cna-20220808869/
The story of how globetrotting tech star Ankiti Bose built and lost one of Asia’s most vaunted start-ups. :
The story of how globetrotting tech star Ankiti Bose built and lost one of Asia’s most vaunted start-ups. When the Singapore tech darling suspended its 30-year-old chief executive officer Ankiti Bose over complaints about alleged financial irregularities, it was March. Within weeks, creditors were recalling loans, more than 100 staff had left, and Bose found herself fired, though she denies any wrongdoing.
How A Celebrity Ceo's Rule Of Fear Helped Bring Down Hot Startup Zilingo | Business Standard News
2022-08-04T07:31:16.833333-04:00https://www.thetrustedinsight.com/investment-news/how-a-celebrity-ceos-rule-of-fear-helped-bring-down-hot-startup-zilingo-business-standard-news-20220804761/
The story of how globetrotting tech star Ankiti Bose built and lost one of Asia's most vaunted startups. :
At first glance, the implosion of vaunted fashion startup Zilingo Pte looked jarringly sudden. When the Singapore tech darling suspended its 30-year-old chief executive officer Ankiti Bose over complaints about alleged financial irregularities, it was March. Within weeks, creditors were recalling loans, more than 100 staff had left, and Bose found herself fired, though she denies any wrongdoing. The company’s survival is now in question. The Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond.
How A Celebrity Ceo's Rule Of Fear Helped Bring Down Hot Singapore Start-up Zilingo | The Straits Times
2022-08-04T07:01:17.066357-04:00https://www.thetrustedinsight.com/investment-news/how-a-celebrity-ceos-rule-of-fear-helped-bring-down-hot-singapore-start-up-zilingo-the-straits-times-20220804755/
August 04, 2022 1:17 PMIts 30-year-old co-founder and CEO Ankiti Bose was fired in May amid a probe into alleged financial irregularities.
Argosy Private Equity Closes Sixth Fund At $422M
2022-07-25T16:01:06.610524-04:00https://www.thetrustedinsight.com/investment-news/argosy-private-equity-closes-sixth-fund-at-422m-20220725336/
WAYNE, Pa., July 25, 2022 /PRNewswire/ -- Argosy Private Equity ("Argosy"), a lower middle market-focused private equity firm, announces the final closing of Argosy Investment Partners VI, L.P (and its parallel fund, together "Argosy VI") at $422 million. "This is an exciting milestone...
John K. Malysa Joins Pembrook Capital Management As Managing Director
2022-07-06T10:31:17.059908-04:00https://www.thetrustedinsight.com/investment-news/john-k-malysa-joins-pembrook-capital-management-as-managing-director-20220706528/
Veteran Pro With 25 Years of CRE Credit Experience to Head Underwriting, Oversee Asset Management, Join Pembrook's Investment Committee
NEW YORK, July 6, 2022 /PRNewswire/ -- Pembrook Capital Management LLC ("Pembrook"), one of the nation's leading bridge lenders for market rate, workforce and affordable multifamily rental housing, has appointed John K. Malysa as a managing director of the firm. Mr. Malysa, a veteran commercial real estate credit risk professional with over 25 years of multi-faceted industry experience, will focus on and underwriting, oversee asset management, and serve as a member of Pembrook's Investment Committee.
Carlyle Secured Lending Benefits From Rising Rates (nasdaq:cgbd)
2022-07-01T11:31:10.456693-04:00https://www.thetrustedinsight.com/investment-news/carlyle-secured-lending-benefits-from-rising-rates-nasdaqcgbd-20220701331/
Looking for a high-yield income vehicle that will benefit from higher rates? Take a look at Carlyle Secured Lending (NASDAQ:CGBD), which has outperformed the BDC industry and the S&P 500 over the past month, quarter, year, and so far in 2022: CGBD is structured as an externally managed, non-diversified closed-end investment company. It's managed by The Carlyle Group, a major global alternative asset manager with $276B in Assets Under Mgt, AUM.
Barings Acquires Bay Area Life Science Portfolio
2022-06-28T15:01:10.498959-04:00https://www.thetrustedinsight.com/investment-news/barings-acquires-bay-area-life-science-portfolio-20220628160/
Three GMP Buildings in Fremont, California
Acquisition Executes on Firm's Growth in Specialized Asset Class
CHARLOTTE, N.C., June 28, 2022 /PRNewswire/ -- Barings, one of the world's largest diversified real estate investment managers, announced today its acquisition of a portfolio of three life science assets totaling 228,025 square feet in Fremont, California from Angelo Gordon & Company. Lincoln Property Company has joined Barings in the venture, and Newmark has facilitated the transaction.
These Were Manhattan’s Biggest Real Estate Loans In May
2022-06-22T09:31:15.638011-04:00https://www.thetrustedinsight.com/investment-news/these-were-manhattans-biggest-real-estate-loans-in-may-20220622889/
Two luxury rental buildings on the Upper East Side fetched about 40 percent of the cash in last month’s 10 largest Manhattan real estate loans. Rental buildings also drew large loans in the West Village, as renters paid a record average of $4,000 in May to live in the city’s central borough. The 10 largest Manhattan real estate loans recorded in May totaled $1.5 billion, lower than April’s $1.7 billion, and $1.8 billion from a
The post Manhattan’s biggest loans in May led by rentals appeared first on The Real Deal New York.
Branford Makes A Blanket Statement! Fund Ii Invests In Market-leading Quilting Machine Company
2022-06-06T08:31:06.732673-04:00https://www.thetrustedinsight.com/investment-news/branford-makes-a-blanket-statement-fund-ii-invests-in-market-leading-quilting-machine-company-20220606061/
NEW YORK, June 6, 2022 /PRNewswire/ -- Branford Castle Partners, the New York City-based private equity firm, today announced that its affiliate Branford Castle Partners II, L.P. has acquired Handi Quilter, the world's leading manufacturer and designer of longarm quilting machines,...
Times Square Real Estate Developments Land $1B In Loans
2022-05-31T13:31:05.979223-04:00https://www.thetrustedinsight.com/investment-news/times-square-real-estate-developments-land-1b-in-loans-20220531802/
The 10 largest Manhattan real estate loans recorded in April totaled about $1.7 billion, a good $500 million over March’s total and nearly double last April’s amount. Times Square was the center of some of last month’s biggest deals, including a refinance of the former Bertelsmann’s building and an extension of One Times Square, where the New Year’s Eve ball drops. Below are more details on the borough’s largest real estate loans in April: 1. The post Times Square lands Manhattan’s biggest loan deals in April appeared first on The Real Deal New York.
Four Seasons Private Residences On Lake Austin Steps Up Luxury Living In Texas... Literally
2022-05-24T11:01:06.252548-04:00https://www.thetrustedinsight.com/investment-news/four-seasons-private-residences-on-lake-austin-steps-up-luxury-living-in-texas-literally-20220524496/
Leading luxury hospitality company, Four Seasons Hotels and Resorts, Austin Capital Partners and international real estate investment firm Hines today announced plans for Four Seasons Private Residences Lake Austin.
Say Ahhhhh: Mubadala Buys A Stake In Dental Care Alliance
2022-05-13T13:01:27.812089-04:00https://www.thetrustedinsight.com/investment-news/say-ahhhhh-mubadala-buys-a-stake-in-dental-care-alliance-20220513032/
Abu Dhabi-based Mubadala Investment Company is buying a stake in Sarasota, Florida-based Dental Care Alliance from Harvest Partners, LP. Formed in 1991, Dental Care Alliance is one of the largest multi-branded dental support organizations in the U.S. Dental Care Alliance supports a network of around 360 practices across 21 states in the Midwest, Mid-Atlantic, Northeast…
Greenberg Traurig Is Adding 6 Top Tier Real Estate Finance Partners From Winston & Strawn
2022-04-25T16:01:17.517714-04:00https://www.thetrustedinsight.com/investment-news/greenberg-traurig-is-adding-6-top-tier-real-estate-finance-partners-from-winston-strawn-20220425083/
Global law firm Greenberg Traurig, LLP, already highly regarded for its national and global real estate industry practice, has raised its game in real estate finance. NEW YORK, April 25, 2022 -- Global law firm Greenberg Traurig, LLP, already highly regarded for its national and global real estate industry practice, has raised its game in real estate finance. Corey A. Tessler, head of Winston & Strawn's global real estate practice, and fellow Winston partner Michael A. Moser, will become Co-Chairs of Greenberg's Real Estate Finance group, joined by a team of four other Real Estate Finance partners from Winston.
Jll Closes Sale Of Flatiron Park In Boulder, Colorado
2022-04-06T09:31:06.704355-04:00https://www.thetrustedinsight.com/investment-news/jll-closes-sale-of-flatiron-park-in-boulder-colorado-20220406112/
The sale of Flatiron Park represents the largest single asset sale in Colorado history
DENVER, Apr. 6, 2022 /PRNewswire/ -- JLL's Capital Markets group announced today that it has closed the record-setting sale of Flatiron Park, a 22-building life sciences and office campus totaling one million square feet in Boulder, Colorado. JLL worked on behalf of the seller, a joint venture between Crescent Real Estate, the Real Estate business of Goldman Sachs Asset Management and Lionstone Investments. BioMed Realty, a Blackstone portfolio company and leading provider of real estate solutions to the life science and technology industries, purchased the asset.
Centralbdc Is Driving To Success With New Investment
2022-03-02T16:31:05.986491-05:00https://www.thetrustedinsight.com/investment-news/centralbdc-is-driving-to-success-with-new-investment-20220302387/
BOCA RATON, Fla., March 2, 2022 /PRNewswire/ -- Aaron Kleinhandler, along with equity partners SJ Partners, LLC, Northcreek Mezzanine, and Everside Capital Partners, LLC have made an equity investment into CentralBDC, LLC, a Boca Raton, Florida based Outsourced Business Development...
These Were Manhattan’s Top Real Estate Loans In January
2022-03-01T09:01:06.449138-05:00https://www.thetrustedinsight.com/investment-news/these-were-manhattans-top-real-estate-loans-in-january-20220301291/
The ten largest real estate loans recorded in Manhattan last month totaled more than $3.6 billion, led, in a sign of the times, by a mammoth acquisition loan for a self-storage operation. The combined value of the month’s top loans easily bested last January’s $1.95 billion, as well as December’s $2.5 billion. Other notable loans included the securitization of Fisher Brothers’ debt on Park Avenue Plaza and $315 million in new debt issued as part
The post Financing for huge self-storage deal leads Manhattan’s real estate loans appeared first on The Real Deal New York.
Charter Growth Capital Fund Invests In Lambert, Michigan's Leading Pr And Marketing Firm
2022-02-11T06:11:15.754637-05:00https://www.thetrustedinsight.com/investment-news/charter-growth-capital-fund-invests-in-lambert-michigans-leading-pr-and-marketing-firm-20220211299/
List of Venture Capital / Private Equity Firms and Sources
Published since 1998, VCPro
Database is the most reliable, up-to-date and affordable venture
capital directory
VCPro Database 2022
25th Edition --
a downloadable and searchable venture capital database with
6,600+ venture capital and private equity firms
worldwide.
Vss Capital Partners Appoints Dean Pernisie As Strategic Partner
2022-02-03T06:01:20.780739-05:00https://www.thetrustedinsight.com/investment-news/vss-capital-partners-appoints-dean-pernisie-as-strategic-partner-20220203788/
List of Venture Capital / Private Equity Firms and Sources
Published since 1998, VCPro
Database is the most reliable, up-to-date and affordable venture
capital directory
VCPro Database 2022
25th Edition --
a downloadable and searchable venture capital database with
6,600+ venture capital and private equity firms
worldwide.
Mib: David Conrod On Raising Pe Capital - The Big Picture
2022-01-29T11:31:06.212486-05:00https://www.thetrustedinsight.com/investment-news/mib-david-conrod-on-raising-pe-capital-the-big-picture-20220129520/
This week, we speak with David Conrod, who is co-founder and chief executive officer of FocusPoint Private Capital Group. The firm raises capital for private equity, credit, real estate, real assets, and direct transactions in developed and emerging markets. Prior to co-founding FocusPoint, Conrod was a senior managing director at Guggenheim Partners, where…
Read More
The post MiB: David Conrod on Raising PE Capital appeared first on The Big Picture.
Blackstone Close To Buying One Manhattan West Stake: Report
2021-12-17T15:01:06.317210-05:00https://www.thetrustedinsight.com/investment-news/blackstone-close-to-buying-one-manhattan-west-stake-report-20211217353/
Blackstone is reportedly close to a deal to snap up a stake in one of New York City’s most prominent office developments. The Wall Street Journal reported the firm is in advanced discussions to acquire a 49 percent stake in Brookfield Asset Management’s One Manhattan West. The deal would value the office building at more than $2.85 billion. People familiar with the matter told the Journal a deal for the stake could be reached in
The post Blackstone closing in on One Manhattan West stake appeared first on The Real Deal New York.
Newspring Announces Strategic Capital Investment In Central Bark
2021-12-15T06:16:22.744644-05:00https://www.thetrustedinsight.com/investment-news/newspring-announces-strategic-capital-investment-in-central-bark-20211215118/
List of Venture Capital / Private Equity Firms and Sources
Published since 1998, VCPro
Database is the most reliable, up-to-date and affordable venture
capital directory
2021 EDITION SPECIAL OFFER! Buy Now for only $119.95 plus a FREE update in January
2022
Learn More
or
Buy Now
VCPro Database 2021
24th Edition --
a downloadable and searchable venture capital database with
6,500+ venture capital and private equity firms
worldwide.
Goldman Readies $40.6B For Alternative Investments In Asia, Banking News & Top Stories - The Straits Times
2021-11-10T22:01:06.112912-05:00https://www.thetrustedinsight.com/investment-news/goldman-readies-406b-for-alternative-investments-in-asia-banking-news-top-stories-the-straits-times-20211110039/
November 11, 2021 9:02 AMGoldman's alternatives group typically invests US$50 million to US$100 million equity in start-ups. :
HONG KONG (BLOOMBERG) - Goldman Sachs Group is set to plow at least US$30 billion (S$40.6 billion) into Asian alternative assets over the next five years after revamping its operations and starting an aggressive campaign to raise outside funds in a bid to overtake investment giants such as KKR & Co and Blackstone.
How Nyc Commercial Real Estate Lenders Got Creative In The Pandemic
2021-11-02T13:31:06.033684-04:00https://www.thetrustedinsight.com/investment-news/how-nyc-commercial-real-estate-lenders-got-creative-in-the-pandemic-20211102442/
After six years and more than $70 million, Nightingale and Friedland just gave up: They handed over the keys. The 22-story tower at 645 Madison Avenue was a trophy for both firms. The building was Nightingale’s first Manhattan project and added 164,000 square feet to Larry Friedland’s Madison Avenue empire. Friedland and Nightingale, along with hedge-fund billionaire Bill Ackman, bought the leasehold at 645 Madison for $76 million in October 2015. At the same time,
The post Capital pains: How lenders are getting creative to get paid appeared first on The Real Deal New York.
Canam Capital Partners Closes On Equity Investment With Lloyd Jones For 159-unit Active Adult Community In Port St. Lucie | Benzinga
2021-10-18T08:01:16.449321-04:00https://www.thetrustedinsight.com/investment-news/canam-capital-partners-closes-on-equity-investment-with-lloyd-jones-for-159-unit-active-adult-community-in-port-st-lucie-benzinga-20211018449/
NEW YORK, Oct. 18, 2021 /PRNewswire-PRWeb/ -- CanAm Enterprises is pleased to announce that its private equity affiliate, CanAm Capital Partners (CACP), has closed on its latest real estate investment in Florida. CACP has fully funded its $6 million third-party equity investment into an affiliate of Lloyd Jones, LLC for the construction of a 159-unit, highly-amenitized active adult and independent living rental community. The property, which is located on a 10-acre site in Port St. Lucie, FL, will operate under Lloyd Jones' proprietary Aviva brand as Aviva, Port St. Lucie.
The Top 40 Real Estate Law Firms In New York City
2021-10-13T08:31:21.236817-04:00https://www.thetrustedinsight.com/investment-news/the-top-40-real-estate-law-firms-in-new-york-city-20211013216/
When Michael Werner finally returned to his office at 1 New York Plaza last fall after months spent working from home, the stacks of paper piled atop the credenza caught his eye. “These were pending acquisitions of office properties or retail properties,” recalled Werner, a partner in Fried, Frank, Harris, Shriver & Jacobson’s real estate practice, referring to the documents that now function mainly as relics of a time before the pandemic turned the city’s
The post How NYC’s top real estate law firms got creative in an unusual year appeared first on The Real Deal New York.
Manhattan’s Largest Real Estate Loans In August
2021-09-30T10:01:18.023801-04:00https://www.thetrustedinsight.com/investment-news/manhattans-largest-real-estate-loans-in-august-20210930409/
Manhattan’s ten biggest real estate loans in August totaled $3.2 billion — almost triple July’s $1.2 billion. A construction loan for the Terminal Warehouse in Chelsea topped The Real Deal’s list of loans, while near-zero interest rates put building owners in position to refinance debt rather than sell assets at discounts. Office buildings made up most of large refinance loans last month, although a modular hotel on the Lower East Side and residential building in
The post Here are Manhattan’s largest real estate loans in August appeared first on The Real Deal New York.
Bluepeak Private Capital Raises $115M For Flagship Fund - Businessday Ng
2021-09-28T09:01:25.668419-04:00https://www.thetrustedinsight.com/investment-news/bluepeak-private-capital-raises-115m-for-flagship-fund-businessday-ng-20210928195/
BluePeak Private Capital, an alternative investment firm with a focus on Africa, announced Tuesday that it has raised capital of $115 million for the initial closing of its flagship private credit and mezzanine fund, BluePeak Private Capital Fund. The Fund targets a final close of US$200 million, with a hard cap of US$250 million. “I […]
Enpal Secures € 345 Million Funding From Blackrock Funds And Accounts, Pricoa Private Capital, Unicredit And Other Institutional Investors
2021-09-23T09:31:40.245726-04:00https://www.thetrustedinsight.com/investment-news/enpal-secures-345-million-funding-from-blackrock-funds-and-accounts-pricoa-private-capital-unicredit-and-other-institutional-investors-20210923963/
- Enpal has raised € 345 million of committed debt from funds and accounts managed by BlackRock, Pricoa Private Capital, UniCredit and other institutional investors. For Enpal, this marks the largest debt fundraising to date. - Enpal will use these funds to refinance the installation of...
Largest Manhattan Real Estate Loan In July Was Aby Rosen Cmbs
2021-09-02T08:31:06.732509-04:00https://www.thetrustedinsight.com/investment-news/largest-manhattan-real-estate-loan-in-july-was-aby-rosen-cmbs-20210902528/
The 10 largest Manhattan real estate loans recorded in July totaled $1.2 billion — well short of June’s $4.5 billion total. That month’s number was inflated by SL Green’s record-setting $3 billion refinance of its One Vanderbilt tower. A variety of loans marked the July list including refinances of beleaguered hotels and office building owners borrowing to refurbish for the post-Covid marketplace. Here were the borough’s largest real estate loans in July: 1. Artsy Aby
The post These were the largest Manhattan real estate loans in July appeared first on The Real Deal New York.
Latest Grow Michigan Fund Fills Capital Niche For Growing Businesses
2021-08-15T19:31:06.672311-04:00https://www.thetrustedinsight.com/investment-news/latest-grow-michigan-fund-fills-capital-niche-for-growing-businesses-20210815413/
A statewide loan fund that provides growth capital to rapidly growing businesses expects to start doing deals soon after agreements with its initial investors have been finalized. A statewide loan fund that provides growth capital to rapidly growing businesses expects to start doing deals soon after agreements with its initial investors have been finalized. Seven banks across the state committed a combined $28 million to Grow Michigan LLC’s second mezzanine fund. Grow Michigan has another $13 million to $14 million that it’s discussing with potential investors, including other banks, said Grow Michigan CEO Patrick O’Keefe.
Vision For Growth Ignites Scaleco's Investment In Innoplast, Inc. And Thermoprene, Inc.
2021-05-10T14:31:07.780982-04:00https://www.thetrustedinsight.com/investment-news/vision-for-growth-ignites-scalecos-investment-in-innoplast-inc-and-thermoprene-inc-20210510121/
CLEVELAND, May 10, 2021 /PRNewswire/ -- ScaleCo Management, LLC, a Cleveland-based private investment firm, is pleased to announce its investment in and partnership with Innoplast, Inc., a vehicle and facility protection company, and Thermoprene, Inc., a customized manufacturer and...
Sl Green Soho Space Sells At Ucc Foreclosure Auction
2021-03-10T15:31:05.768160-05:00https://www.thetrustedinsight.com/investment-news/sl-green-soho-space-sells-at-ucc-foreclosure-auction-20210310999/
One of Soho’s priciest retail properties, which SL Green Realty owned then lost, traded hands at a UCC foreclosure auction. The roughly 6,000-square-foot retail space at 106 Spring Street, which has been vacant for years, sold to a Texas private equity firm earlier this month, Commercial Observer reported. The sale price was not disclosed. The buyer, Paceline Equity Partners, called it a “unique asset” that could benefit from the post-pandemic economic recovery. CEO Sam Loughlin
The post One of Soho’s priciest retail spaces sells at UCC foreclosure auction appeared first on The Real Deal New York.
How Cre Liquidity Reigns Despite Volatility
2021-03-04T20:01:07.522920-05:00https://www.thetrustedinsight.com/investment-news/how-cre-liquidity-reigns-despite-volatility-20210304639/
Debt and equity sources amassed abundant dry powder last year, but caveats linger. :
A rebound in investment sales in the fourth quarter of 2020 not only helped salve the bruising second and third quarters but also served notice that investors remained bullish heading into 2021. For the right asset, equity and debt providers have plentiful funds to fill every niche of the capital stack.
Nomura Targets Private Equity In Biggest Shakeup Since 2010 - Nikkei Asia
2021-03-01T17:31:07.071443-05:00https://www.thetrustedinsight.com/investment-news/nomura-targets-private-equity-in-biggest-shakeup-since-2010-nikkei-asia-20210301337/
TOKYO -- Nomura Holdings will reorganize its operations in April, creating a new, broader division to replace its asset management and merchant banking teams, Nikkei learned Monday. The overhaul will put control of Nomura Asset Management and other key subsidiaries under the new investment management unit, which will bring together know-how now scattered within the Japanese financial services group. The move reflects Nomura's shift in emphasis from public to private markets and other new areas under Group CEO Kentaro Okuda, who took office last April.
Charter Capital Partners Finds Niche With Middle-market Companies
2021-02-14T18:01:07.418332-05:00https://www.thetrustedinsight.com/investment-news/charter-capital-partners-finds-niche-with-middle-market-companies-20210214286/
Since launching in July 2019, the Charter Growth Capital Fund has made five investments and raised $31 million to make minority investments in growing, middle-market companies that need growth capital. Since launching in July 2019, the Charter Growth Capital Fund has made five investments and raised $31 million to make minority investments in growing, middle-market companies that need growth capital. The investments and activity to date validates John Kerschen’s view that there was an existing market gap and need for a new mezzanine fund in Michigan that targets the lower end of the middle market.
What Last Year’s Biggest Real Estate Lawsuits Mean For 2021
2021-01-26T13:01:08.052732-05:00https://www.thetrustedinsight.com/investment-news/what-last-years-biggest-real-estate-lawsuits-mean-for-2021-Y94KYPvHkizqJm6Ha6YV6d-20210126872/
Partnerships crumbled, billion-dollar condo plans collapsed and commercial bankruptcies climbed. While there’s never a shortage of conflicts in a business built on big money and bigger egos, the pandemic made 2020 exceptionally catastrophic when it came to real estate litigation. Of course, even in a good year, the industry is renowned for dramatic lawsuits. But stay-at-home orders and social distancing brought a flood of new and unexpected legal problems for landlords, developers and their investors ... [more]
The post What last year’s biggest real estate lawsuits mean for 2021 appeared first on The Real Deal South Florida.
What Last Year’s Biggest Real Estate Lawsuits Mean For 2021
2021-01-26T10:01:07.416695-05:00https://www.thetrustedinsight.com/investment-news/what-last-years-biggest-real-estate-lawsuits-mean-for-2021-20210126850/
Partnerships crumbled, billion-dollar condo plans collapsed and commercial bankruptcies climbed. While there’s never a shortage of conflicts in a business built on big money and bigger egos, the pandemic made 2020 exceptionally catastrophic when it came to real estate litigation. Of course, even in a good year, the industry is renowned for dramatic lawsuits. But stay-at-home orders and social distancing brought a flood of new and unexpected legal problems for landlords, developers and their investors
The post What last year’s biggest real estate lawsuits mean for 2021 appeared first on The Real Deal New York.
Norwest Equity Partners Expands Consumer Portfolio With Market Leading Premium Spices, Seasonings And Salts Purveyor, Red Monkey Foods
2020-12-11T21:01:06.208436-05:00https://www.thetrustedinsight.com/investment-news/norwest-equity-partners-expands-consumer-portfolio-with-market-leading-premium-spices-seasonings-and-salts-purveyor-red-monkey-foods-20201211546/
Largest Manhattan Real Estate Loans Of November 2020
2020-12-11T10:31:07.364376-05:00https://www.thetrustedinsight.com/investment-news/largest-manhattan-real-estate-loans-of-november-2020-20201211515/
The 10 largest Manhattan loans recorded in November totaled $2.12 billion, a 16 percent increase from October’s total. More than half of that sum came from a single massive loan: a $1.25 billion refinancing of the 49-story Grace Building north of Bryant Park, which came in the form of a single-asset/single-borrower commercial mortgage-backed security transaction. The market for such SASB CMBS deals has lately benefited from “pullback by competing insurers and banks that often lend
The post These were the largest Manhattan real estate loans in November appeared first on The Real Deal New York.
New $200M Fund Builds On Prior Success, To Include Focus On Minority-owned Businesses
2020-12-10T21:31:06.225725-05:00https://www.thetrustedinsight.com/investment-news/new-200m-fund-builds-on-prior-success-to-include-focus-on-minority-owned-businesses-20201210485/
A new $200 million fund to support growing businesses in Michigan intends to direct half of the capital it raises to financing minority-owned companies. A new $200 million fund to support growing businesses in Michigan intends to direct half of the capital it raises to financing minority-owned companies. Grow Michigan Fund II, the successor to a mezzanine fund formed in 2012 with the backing of state funding and investments from several banks, will target small businesses in an array of sectors including manufacturing, distribution, transportation, life sciences and enabling technologies.
Candriam And New York Life Investments Alternatives Buys Stake In Kartesia Management Sa
2020-12-10T06:11:05.706812-05:00https://www.thetrustedinsight.com/investment-news/candriam-and-new-york-life-investments-alternatives-buys-stake-in-kartesia-management-sa-20201210410/
CANDRIAM, and its sister affiliate New York Life Investments Alternatives, acquired a minority ownership interest in Kartesia Management SA, a European specialist provider of private capital solutions for small and mid-sized companies. Terms of the transaction, which are subject to certain customary closing conditions, including regulatory approvals, were not disclosed. The transaction is anticipated to […]
Ex-highland Capital Trio Launch Alpha-focused Credit Manager Sycamore Tree
2020-11-20T10:31:09.798462-05:00https://www.thetrustedinsight.com/investment-news/ex-highland-capital-trio-launch-alpha-focused-credit-manager-sycamore-tree-20201120408/
Ex-Highland Capital trio launch alpha-focused credit manager Sycamore Tree
Submitted
By Hugh Leask | 20/11/2020 - 1:22pm
Three former Highland Capital Management partners have launched Sycamore Tree Capital Partners, a new alpha-focused private and alternative credit investment manager which aims to tap into value-oriented opportunities arising from credit market upheaval. The Dallas-headquartered firm is co-founded by alt-credit veterans Mark Okada, who will serve as CEO; Jack Yang, the firm’s president and head of business development; and chief investment officer Trey Parker.
Visualizing The 25 Largest Private Equity Firms In The World
2020-11-05T06:31:06.776089-05:00https://www.thetrustedinsight.com/investment-news/visualizing-the-25-largest-private-equity-firms-in-the-world-20201105507/
Frequent the business section of your favorite newspaper long enough, and you’ll see mentions of private equity (PE). Maybe it’s because a struggling company got bought out and taken private, just as Toys “R” Us did in 2005 for $6.6 billion. Otherwise, it’s likely a mention of a major investment (or payout) that a PE firm scored through venture or growth capital.
Goldman Sachs’ Infrastructure Arm Bets $500M On Data Centers | National Real Estate Investor
2020-10-20T14:31:06.387720-04:00https://www.thetrustedinsight.com/investment-news/goldman-sachs-infrastructure-arm-bets-500m-on-data-centers-national-real-estate-investor-20201020605/
The infrastructure arm of the Goldman Sachs Group will invest $500 million in Global Compute Infrastructure LP. :
The New York-based firm’s infrastructure arm, part of its merchant bank, agreed to invest an initial $500 million in Global Compute Infrastructure LP, a platform helmed by Scott Peterson, the former chief investment officer at Digital Realty Trust Inc. “We think the industry has tremendous tailwinds amid continued penetration of cloud service providers,” Scott Lebovitz, global co-head and co-CIO of Goldman’s infrastructure investment group, said in an interview.
Canam Announces Closing Of Cacp Urban Philadelphia Portfolio - A Diverse Private Equity Investment Opportunity In Philadelphia | Benzinga
2020-10-15T21:01:11.794418-04:00https://www.thetrustedinsight.com/investment-news/canam-announces-closing-of-cacp-urban-philadelphia-portfolio-a-diverse-private-equity-investment-opportunity-in-philadelphia-benzinga-20201015400/
NEW YORK, Oct. 15, 2020 /PRNewswire-PRWeb/ -- CanAm Enterprises ("CanAm") is pleased to announce that its private equity affiliate, CanAm Capital Partners ("CACP"), in collaboration with the Philadelphia Industrial Development Corporation ("PIDC"), has closed its latest private equity real estate investment opportunity in Philadelphia. The $4.85 million in capital is being utilized to fund construction and other costs associated with the development and recapitalization of three assets in the center of Philadelphia.
Hps Investment Partners Closes Hps Mezzanine Partners 2019
2020-10-05T08:01:07.907937-04:00https://www.thetrustedinsight.com/investment-news/hps-investment-partners-closes-hps-mezzanine-partners-2019-20201005721/
NEW YORK, Oct. 5, 2020 /PRNewswire/ -- HPS Investment Partners, LLC ("HPS" or the "Firm"), a leading global investment firm with $65 billion in assets under management, today announced the closing of its Mezzanine Partners 2019 Fund (the "Fund") with total investable capital of over $11...
Dyal Capital Partners Buys Minority Stake In Crossharbor Capital Partners
2020-10-02T14:31:05.773723-04:00https://www.thetrustedinsight.com/investment-news/dyal-capital-partners-buys-minority-stake-in-crossharbor-capital-partners-20201002657/
Boston-based CrossHarbor Capital Partners LLC develops and manages private equity investment products in three principal business areas: real assets, distressed securities, and mezzanine capital. CrossHarbor also invests in standalone properties, portfolios of real estate, and operating companies. Dyal Capital Partners, a unit of Neuberger Berman, acquired a passive, minority stake in CrossHarbor Capital Partners. Samuel […]
Quadpay Secures Revolving Line Of Credit Of Up To $200M From Goldman Sachs, Oaktree Capital
2020-09-24T13:01:06.854628-04:00https://www.thetrustedinsight.com/investment-news/quadpay-secures-revolving-line-of-credit-of-up-to-200m-from-goldman-sachs-oaktree-capital-20200924220/
NEW YORK--(BUSINESS WIRE)--QuadPay Secures Revolving Line of Credit of Up to $200 million from Goldman Sachs, Oaktree Capital. :
QuadPay, which will use the facility to expand its buy now, pay later business to new merchants across the US, secured the line of credit through the Finitive private credit platform
NEW YORK--(BUSINESS WIRE)--High-growth, US-based payment installment platform QuadPay today announced that it has secured a senior secured committed revolving line of credit of up to $200 million from Goldman Sachs, with mezzanine financing provided by Oaktree Capital.
Largest New York City Real Estate Loans Of August 2020
2020-09-11T11:31:06.116043-04:00https://www.thetrustedinsight.com/investment-news/largest-new-york-city-real-estate-loans-of-august-2020-20200911533/
August was an odd month in New York City’s real estate lending market. The 10 largest Manhattan loans recorded in July totaled just $428 million, the lowest total this year and less than half of July’s figure. That was less deal volume than in the outer boroughs, where the 10 largest loans totalled $673 million, just a slight decrease from the month before. Citywide, the top 10 real estate loans recorded last month totaled $824
The post The biggest loans of the slowest month: August’s real estate lending appeared first on The Real Deal New York.
Stream Realty Partners Expands National Strategy Team With Two Senior Hires
2020-09-02T10:31:06.433737-04:00https://www.thetrustedinsight.com/investment-news/stream-realty-partners-expands-national-strategy-team-with-two-senior-hires-20200902024/
DALLAS, Sept. 2, 2020 /PRNewswire/ -- Stream Realty Partners ("Stream"), a national real estate services, development, and investment company, announced today the addition of Mike Armstrong, Managing Director, and Michael Wong, Managing Director, to its national investment strategy team. With more than 35 years of combined real estate investment experience across asset classes, the two will be based in the San Francisco Bay Area and will augment the firm's substantial growth and scale efforts.
Worried Lenders Pounce On Landlords Unable To Pay Their Loans - The New York Times
2020-08-13T08:31:07.601119-04:00https://www.thetrustedinsight.com/investment-news/worried-lenders-pounce-on-landlords-unable-to-pay-their-loans-the-new-york-times-20200813003/
Some hedge funds and private equity firms that lent money to property owners are now suing them for falling behind on interest payments.
Savanna Secures Acquisition Loan For 1375 Broadway Office
2020-07-15T12:31:06.207697-04:00https://www.thetrustedinsight.com/investment-news/savanna-secures-acquisition-loan-for-1375-broadway-office-20200715556/
The private equity fund closed its $435 million purchase of 1375 Broadway from Westbrook Partners last week, Commercial Observer reports. In May, The Real Deal reported that the transaction could slow down Savanna’s fundraising efforts. To complete the deal, Savanna landed $388.5 million in financing from a consortium of lenders including Brookfield Real Estate Finance, investment firm Declaration Partners and two entities tied to Deutsche Pfandbriefbank and Aareal Capital Corporation. Brookfield originated the senior and
The post Savanna closes on Garment District office with $388M loan appeared first on The Real Deal New York.
Colony Capital’s Largest Cmbs Hotel Portfolios Face Receivership
2020-07-14T09:36:08.381883-04:00https://www.thetrustedinsight.com/investment-news/colony-capitals-largest-cmbs-hotel-portfolios-face-receivership-20200714443/
When Colony Capital revealed in May that it was in discussions with lenders after having defaulted on $3.2 billion in hotel loans, the Tom Barrack-led firm cautioned “there can be no assurances that the company will be successful in such negotiations.” In fact, at the time the Los Angeles-based investment firm had already defaulted on a forbearance agreement following earlier negotiations with one lender. Now, Colony is in jeopardy of losing control of its two
The post Colony Capital may lose control of 2 largest CMBS hotel portfolios appeared first on The Real Deal New York.
Preeminent Private Equity Partner Michael Cochran Joins Kilpatrick Townsend
2020-07-13T11:31:06.524412-04:00https://www.thetrustedinsight.com/investment-news/preeminent-private-equity-partner-michael-cochran-joins-kilpatrick-townsend-20200713363/
ATLANTA, July 13, 2020 /PRNewswire/ -- Kilpatrick Townsend & Stockton announced today that Michael J. Cochran is joining the firm as a partner in Atlanta. Mr. Cochran will be a member of Kilpatrick Townsend's Corporate Department and Co-Chair the firm's expanding Private Equity team. He...
A Clo-ser Look At Structured Products | Allaboutalpha: Alternative Investing Trends And Analysis | A Finance Blog About Private Equity, Commodities, And Other Alternative Asset Classes.
2020-07-13T07:01:05.831467-04:00https://www.thetrustedinsight.com/investment-news/a-clo-ser-look-at-structured-products-allaboutalpha-alternative-investing-trends-and-analysis-a-finance-blog-about-private-equity-commodities-and-other-alternative-asset-classes-20200713324/
By Robert Hoffman, Managing Director, Investment Research and Kara O’Halloran, Associate, Investment Research, FS Investments Structured products are no stranger to the limelight. Once only garnering interest from niche Wall Street trading floors, collateralized debt obligations (CDOs) and mortgage-backed securities (MBS) have become household names, as these products were cited asRead More.
Commercial Real Estate ‘somehow Has Been Skipped Over,’ For Covid-19 Aid. Here’s A Plan To Change That Through Equity Investments
2020-07-06T13:01:05.785060-04:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-somehow-has-been-skipped-over-for-covid-19-aid-heres-a-plan-to-change-that-through-equity-investments-20200706930/
The federal government is being urged by a top real estate group to take an equity stake in U.S. commercial buildings over the next 12 month, through a facility designed to keep borrowers from defaulting during the pandemic and preventing property prices from a downward spiral.
Colony Capital Seeks To Pivot Away From Legacy Hotel Assets
2020-06-17T14:01:07.648445-04:00https://www.thetrustedinsight.com/investment-news/colony-capital-seeks-to-pivot-away-from-legacy-hotel-assets-njHziWYrvMaEGTSFKxpqLK-20200617793/
Tom Barrack’s Colony Capital has spent the last several years pivoting away from “legacy” real estate assets toward digital properties like cell phone towers, optic fiber networks and data centers. But the investment firm still has billions of dollars in legacy properties on its books, which have been hit hard by the coronavirus crisis. In May, the Los Angeles-based company announced that $3.2 billion of consolidated debt in its hotel holdings — out of a ... [more]
The post Inside the “legacy” hotel assets Colony Capital is pivoting away from appeared first on The Real Deal Miami.
Colony Capital Seeks To Pivot Away From Legacy Hotel Assets
2020-06-17T12:31:08.929191-04:00https://www.thetrustedinsight.com/investment-news/colony-capital-seeks-to-pivot-away-from-legacy-hotel-assets-20200617785/
Tom Barrack’s Colony Capital has spent the last several years pivoting away from “legacy” real estate assets toward digital properties like cell phone towers, optic fiber networks and data centers. But the investment firm still has billions of dollars in legacy properties on its books, which have been hit hard by the coronavirus crisis. In May, the Los Angeles-based company announced that $3.2 billion of consolidated debt in its hotel holdings — out of a
The post Inside the “legacy” hotel assets Colony Capital is pivoting away from appeared first on The Real Deal New York.
Shelter Growth Capital Partners Llc Seeks $711M Loan Portfolio Sale
2020-06-03T13:31:05.709184-04:00https://www.thetrustedinsight.com/investment-news/shelter-growth-capital-partners-llc-seeks-711m-loan-portfolio-sale-20200603828/
Shelter Growth Capital Partners LLC is exploring the sale of a U.S. commercial real estate loan portfolio with a face value of $711 million, according to people with knowledge of the matter and a...
To view the full story, click the title link.
Private Equity Sees Robust Investment, Boosted By Buyout Funds: Report
2020-03-20T12:01:06.997466-04:00https://www.thetrustedinsight.com/investment-news/private-equity-sees-robust-investment-boosted-by-buyout-funds-report-20200320858/
Worldwide private equity fundraising hit US$692 billion in 2019, surpassing the asset class’s peak in 2007. Private equity activity trended towards fewer but larger funds seeing commitments from investors, according to a new report by the Callan Institute. Buyout funds, in particular, saw a leap in commitments, jumping to 55.1 per cent of commitments overall in 2019, up ...
Quinn Barton Joins Greystone As Cio Of Commercial Platform
2020-03-02T09:01:05.755588-05:00https://www.thetrustedinsight.com/investment-news/quinn-barton-joins-greystone-as-cio-of-commercial-platform-20200302579/
NEW YORK, March 02, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading real estate lending, investment, and advisory company, announced that Quinn Barton has joined as Chief Investment Officer of the Commercial platform. In the newly created position as CIO of Commercial, Mr. Barton will oversee capital markets activities and capital deployment strategies for Greystone's commercial division. He will serve an integral role in designing the overall blueprint for Greystone's expanding CRE finance and investment activities. Mr. Barton joins Greystone from Carmel Partners, a leading multifamily real estate private equity firm, where ...Full story available on Benzinga.com.
Iron Bridge Finance Acquires Orlandis Capital
2020-02-11T06:31:05.502059-05:00https://www.thetrustedinsight.com/investment-news/iron-bridge-finance-acquires-orlandis-capital-20200211153/
The acquisition follows a management buyout of the real estate JV equity provider from Christian Candy’s CPC Group. The Orlandis management team — led by managing director Andrew Chryso...
Jairam Sridharan Joins Piramal Enterprises; To Lead Consumer Finance Biz | Business Standard News
2019-12-20T11:31:08.832716-05:00https://www.thetrustedinsight.com/investment-news/jairam-sridharan-joins-piramal-enterprises-to-lead-consumer-finance-biz-business-standard-news-20191220771/
Sridharan joined Axis Bank in June 2010 and was elevated to CFO in October 2015.:
Former chief financial officer (CFO) of Axis Bank, Jairam Sridharan, has joined Piramal Enterprises as chief executive officer (CEO) of its consumer finance business. Commenting on the appointment, Anand Piramal, Executive Director, Piramal Group said, "We are delighted to welcome Jairam Sridharan. Jairam not only has rich experience in building a large retail finance business but also has deep knowledge of technology and analytics, a combination that positions us well as we build a business of the future."
Gryphon Investors Announces The Close Of Gryphon Mezzanine Partners Ii, L.p. At $300M In Commitments
2019-12-17T07:31:09.164577-05:00https://www.thetrustedinsight.com/investment-news/gryphon-investors-announces-the-close-of-gryphon-mezzanine-partners-ii-lp-at-300m-in-commitments-20191217382/
SAN FRANCISCO, Dec. 17, 2019 /PRNewswire/ -- Gryphon Investors ("Gryphon"), a San Francisco-based private equity firm, today announced that it held a final closing of Gryphon Mezzanine Partners II, L.P. ("the Fund") at its cap, achieving $300 million of aggregate commitments. The Fund was...
The Biggest Manhattan Real Estate Loans Of November 2019
2019-12-06T11:36:09.190819-05:00https://www.thetrustedinsight.com/investment-news/the-biggest-manhattan-real-estate-loans-of-november-2019-20191206501/
The top 10 Manhattan loans recorded in November totaled $2.1 billion, a 60 percent drop from October. One building appeared in the top four twice, as the owners of the leasehold on 195 Broadway and the ground underneath it both took out big loans to finance their interests in the property. 1) Lease & Loan — $350 million L&L Holding Company and partners secured a $350 million financing package from Germany’s Helaba for the leasehold
The post These were the 10 largest Manhattan real estate loans in November appeared first on The Real Deal New York.
Golub & Company, Farpoint Development And The Goldman Sachs Urban Investment Group Acquire Prairie Shores
2019-11-05T16:01:05.471997-05:00https://www.thetrustedinsight.com/investment-news/golub-company-farpoint-development-and-the-goldman-sachs-urban-investment-group-acquire-prairie-shores-20191105789/
CHICAGO, Nov. 5, 2019 /PRNewswire/ -- Chicago-based real estate development firms Golub & Company and Farpoint Development are excited to announce the acquisition of Prairie Shores, a large-scale workforce housing apartment community in Chicago's Bronzeville neighborhood. The Goldman Sachs Urban Investment Group is the largest equity investor in the acquisition. The 20-acre Prairie Shores campus, located between 26th and 31st Streets on Martin Luther King Drive, includes five, 19-story towers with a total of 1,675 residential units. Originally developed between 1957-1961, the campus was a pioneering development incorporating post-war modern architecture.
Trivest Partners Announces Quatrro Business Support Services, A New Tgif Platform Investment
2019-10-08T13:01:06.984787-04:00https://www.thetrustedinsight.com/investment-news/trivest-partners-announces-quatrro-business-support-services-a-new-tgif-platform-investment-20191008045/
MIAMI--(BUSINESS WIRE)--Trivest Partners, LP (“Trivest” or the “Firm”) announces it has made an investment in Quatrro Business Support Services (“QBSS” or “the Company”). The QBSS transaction represents the 9th platform company investment in the Trivest Growth Investment Fund (“TGIF”), a $225 million fund dedicated to making growth and non-control investments in founder/family-owned businesses. Trivest joins VSS in the investment. CM Sharma, founder of CHM Ventures and a BPO industry veteran wh.
Vss Completes Investment In Quatrro Business Support Services
2019-10-08T07:16:07.779434-04:00https://www.thetrustedinsight.com/investment-news/vss-completes-investment-in-quatrro-business-support-services-20191008999/
Transaction Positions Firm to Leverage Expertise in BPO to Accelerate Growth in Leading “Business Transformation Partner” NEW YORK, October 7, 2019-- VSS and Trivest Partners today announced the completion of their investment in Quatrro Business Support Services (“QBSS” or “the Company”), a leading provider of tech-enabled business process outsourcing (“BPO”) services. Financial terms of the private transaction were not disclosed. CM Sharma, founder of CHM Ventures and a BPO industry veteran who has now taken over as Chief Executive Officer of the Company, has invested alongside VSS and Trivest to retain a minority ownership in the business.
Biggest Manhattan Real Estate Loans September 2019
2019-10-07T09:31:06.500227-04:00https://www.thetrustedinsight.com/investment-news/biggest-manhattan-real-estate-loans-september-2019-20191007913/
The top 10 Manhattan loans recorded in September totaled just over $3 billion, roughly equal to August’s total. The top two loans went to two Midtown properties just a block away from each other — the Coca Cola and Crown Buildings at 711 and 730 Fifth Avenue. (Note: loans are ranked by the amount recorded in city property records, which exclude mezzanine and other subordinate debt.) 1) Coca collateral – $625 million Nightingale Properties and.
Hedge Fund Alert :: Search Results
2019-09-18T14:31:08.125597-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-alert-search-results-7RnBUUhk7yzo2KQvAC3Mpd-20190918325/
KLS Diversified Asset Management has a new fund in the market.The drawdown vehicle, KLS Structured Income Fund, would isolate several of the least-liquid strategies the debt-fund operator manages through its $2 billion hedge fund, KLS Diversified Master Fund. Since 2012, the “structured income” component of the flagship fund has generated double-digit returns every year but one via investments in specialty finance, commercial and...
Leeds Equity Partners Hires Elizabeth Chou
2019-09-12T22:31:06.736395-04:00https://www.thetrustedinsight.com/investment-news/leeds-equity-partners-hires-elizabeth-chou-20190912908/
NEW YORK, September 12, 2019-- Leeds Equity Partners, LLC ("Leeds Equity"), the New York-based private equity firm focused exclusively on investing in the Knowledge Industries, announced today that Elizabeth Chou has joined the firm to support the firm's innovation and growth initiatives. "On behalf of the entire firm, I am so pleased to welcome Elizabeth to Leeds Equity," said Jeffrey Leeds. "Elizabeth joins our partner Susan Cates in this all-important area of ensuring that we remain forward looking and well positioned to maintain leadership within the Knowledge Industries."
New York's Top Commercial Lenders In Volatile Market
2019-09-11T11:01:05.436039-04:00https://www.thetrustedinsight.com/investment-news/new-yorks-top-commercial-lenders-in-volatile-market-20190911738/
In January, French investment bank Natixis agreed to provide a $95 million loan for 500 North Michigan Avenue, a 24-story office building on Chicago’s Magnificent Mile. The deal would be a relatively small notch in the belt for a commercial lender with increasing clout in major U.S. markets. But weeks later, the bank walked back its offer — a puzzling move in an industry where being able to deliver loans is crucial to reputation. Then […]
Australia’s Champ Private Equity Becomes Cpe Capital
2019-09-03T07:01:04.546834-04:00https://www.thetrustedinsight.com/investment-news/australias-champ-private-equity-becomes-cpe-capital-20190903943/
CHAMP Private Equity is Australia’s pioneering institutional and private capital manager. The post Australia’s CHAMP Private Equity becomes CPE Capital appeared first on DealStreetAsia.
Crescent Capital Backs Graphite's Buyout Of Hanson Wade
2019-08-16T11:01:04.886740-04:00https://www.thetrustedinsight.com/investment-news/crescent-capital-backs-graphites-buyout-of-hanson-wade-20190816793/
Crescent Capital Group LP has provided financing to support Graphite Capital’s acquisition of London-based Hanson Wade, a conference organizer and provider of information services, focused primarily on the […]
Yukon Backs Audax's Buyout Of Stonewall Kitchen
2019-08-13T16:01:07.409712-04:00https://www.thetrustedinsight.com/investment-news/yukon-backs-audaxs-buyout-of-stonewall-kitchen-20190813484/
Yukon Partners has provided financing to back Audax Private Equity’s acquisition of York, Maine-based Stonewall Kitchen, a provider of specialty food products. No financial terms were disclosed. PRESS […]
Pehub Daily Wire 30/31/2019 8:30:10 Am
2019-07-31T11:01:06.852109-04:00https://www.thetrustedinsight.com/investment-news/pehub-daily-wire-30312019-83010-am-20190731436/
Morning, Hubsters. Who watched the debates last night? I did for a bit. I must say I was most entertained by Marianne Williamson. It's official. Carlyle Group has become the latest buyout shop to convert to a C-corp. The PE firm also unveiled a one-share, one-vote structure that aims to provide more transparency. The structure will give the roughly 30 percent shareholders of Carlyle, who aren't insiders, greater say, the Wall Street Journal reported. The changes also help Carlyle's inclusion in indexes and the S&P 500, which doesn't allow companies with more than one class of shares, the story said.