The founder of a private equity firm bought a newly built spec mansion in the Palm Beach Polo and Country Club in Wellington for $5.25 million. Records show Ashok Nayyar and his wife, Nalene, bought the home at 2505 Cypress Island Court from Kevin and Jennifer Johnson. Ashok Nayyar is the managing director and chief investment officer of MC Credit Partners, LP, based in Stamford, Connecticut. The firm manages funds that provide capital to middle ... [more] The post Private equity honcho buys Wellington mansion for $5M appeared first on The Real Deal South Florida.