Centerbridge Partners

Dune Real Estate Partners Announces Promotions

Retrieved on:

Thursday, January 13, 2022

Dune Real Estate Partners LP (Dune), a leading New York-based real estate investment firm, today announced a series of three promotions across the organization:

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Dune Real Estate Partners LP (Dune), a leading New York-based real estate investment firm, today announced a series of three promotions across the organization:
Tom Kinslow was promoted to Managing Director in the investments group;
Michael Golik was promoted to Deputy Chief Compliance Officer & Assistant General Counsel in the legal department; and
Joyce Tsang was promoted to Manager Tax in the finance and accounting group.
Prior to joining Dune in 2017, Mr. Kinslow was an Associate at Centerbridge Partners focused on commercial real estate investments from 2013 to 2016.
Dune Real Estate Partners is a New York City-based real estate investment firm executing an investment strategy that focuses on distressed, deep value-add and contrarian investing balanced by region, sector, and risk profile.
Dune manages the Dune Real Estate Funds, which were launched by Mr. Daniel M. Neidich in 2005 and have raised approximately $4.3 billion of equity capital to date.

New Reinsurer "Martello Re" Launches with Backing of MassMutual, Centerbridge Partners and Brown Brothers Harriman

Retrieved on:

Wednesday, January 12, 2022

"We are proud to be teaming with leading firms like MassMutual, Centerbridge Partners and Brown Brothers Harriman to create and support an innovative new player in the reinsurance field."

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"We are proud to be teaming with leading firms like MassMutual, Centerbridge Partners and Brown Brothers Harriman to create and support an innovative new player in the reinsurance field."
We've had a longstanding relationship with MassMutual, Barings, and Brown Brothers Harriman and we couldn't be more grateful for their support in including us in this innovative partnership.
"We have enjoyed long-standing relationships with Barings, MassMutual, and Centerbridge," said Jeff Meskin, Brown Brothers Harriman Partner and Head of BBH Private Banking.
Christine Lewis, Inkhouse (for Brown Brothers Harriman), 617-956-2443, [email protected]
Jeremy Fielding / Anntal Silver, Kekst CNC (for Centerbridge Partners), [email protected] / [email protected]
View original content to download multimedia: https://www.prnewswire.com/news-releases/new-reinsurer-martello-re-launc...

Recreational Realty LLC, a Specialized Real Estate Storage Company Focused on RV and Boat Storage, Announce a Joint Venture of the Company Led by Funds Affiliated with Centerbridge Partners, L.P. and WOJO Capital Partners LLC

Retrieved on:

Monday, January 3, 2022

Recreational Realty LLC (Company), a leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, announced a joint venture of the Company led by funds affiliated with Centerbridge Partners, L.P. (Centerbridge), and entities affiliated with WOJO Capital Partners, LLC (WOJO).

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Recreational Realty LLC (Company), a leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, announced a joint venture of the Company led by funds affiliated with Centerbridge Partners, L.P. (Centerbridge), and entities affiliated with WOJO Capital Partners, LLC (WOJO).
Recreational Realty is the first institutional grade specialized storage company focused on serving the growing storage needs for recreational and marine vehicles.
Centerbridge is excited to be partnering with WOJO and the team at Recreational Realty.
Recreational Realty acquires, builds and manages specialized RV and Boat storage facilities across the United States.

DGAP-News: The Management Board and Supervisory Board of Aareal Bank recommend accepting the takeover offer made by Atlantic BidCo GmbH

Retrieved on:

Monday, December 27, 2021

- The Management Board and Supervisory Board of Aareal Bank deem the offer to be advantageous from a strategic perspective, and the cash consideration of 29 per share to be fair

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- The Management Board and Supervisory Board of Aareal Bank deem the offer to be advantageous from a strategic perspective, and the cash consideration of 29 per share to be fair
Wiesbaden, 27 December 2021 - Today the Management Board and Supervisory Board of Aareal Bank AG have published a joint reasoned statement - as required by applicable law - on the voluntary public takeover offer made by Atlantic BidCo GmbH.
The Management Board and Supervisory Board had already signalled their general support when the offer was announced on 23 November 2021, based on an investment agreement concluded with Atlantic BidCo GmbH.
Against this background, from a strategic perspective, the Management Board and Supervisory Board deem the offer to be in the best interests of the Company and its stakeholders.
When assessing the offer price regarding its financial fairness, the Management Board was advised by Perella Weinberg Partners, and the Supervisory Board by Deutsche Bank.

DGAP-News: TAG Immobilien AG to acquire ROBYG S.A. to accelerate its path of growth to become the leading Polish residential-for-rent player

Retrieved on:

Thursday, December 23, 2021

TAG Immobilien AG to acquire ROBYG S.A. to accelerate its path of growth to become the leading Polish residential-for-rent player

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TAG Immobilien AG to acquire ROBYG S.A. to accelerate its path of growth to become the leading Polish residential-for-rent player
The issuer is solely responsible for the content of this announcement.
The acquisition occurs just about two years after TAG's successful entry into the growing Polish residential market when acquiring Vantage Development S.A. ("Vantage") in late 2019.
The current housing shortage in major Polish cities has driven up prices of residential units as well as rent levels.
The acquisition of ROBYG will enable TAG to significantly accelerate the pace of growth of its existing Polish business.

DGAP-News: Atlantic BidCo GmbH: Aareal Bank shareholders can tender their shares from today - Offer Document published

Retrieved on:

Monday, December 20, 2021

The acceptance period for the offer begins today and is expected to expire at midnight (CET) on 19 January 2022.

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The acceptance period for the offer begins today and is expected to expire at midnight (CET) on 19 January 2022.
During this time, Aareal Bank shareholders can accept the offer and tender their shares to the Bidder.
The Management and Supervisory Boards of Aareal Bank support the offer, and intend, subject to final review of the offer document, to recommend that Aareal Bank shareholders accept the offer.
After a successful tender offer, the transaction is expected to close, subject to regulatory proceedings, in the second half of 2022.

Ben Eldredge has Joined Evercore as a Senior Managing Director in its Advisory Practice

Retrieved on:

Wednesday, December 8, 2021

Evercore (NYSE: EVR) announced today that Benjamin Eldredge has joined the Firms Investment Banking business as a Senior Managing Director in its Industrials Advisory practice based in New York.

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Evercore (NYSE: EVR) announced today that Benjamin Eldredge has joined the Firms Investment Banking business as a Senior Managing Director in its Industrials Advisory practice based in New York.
Mr. Eldredge joins from Credit Suisse, where he was a Managing Director and Global Head of Basic Materials & Distribution within the Investment Banking Division.
Ralph Schlosstein, Evercores Co-Chairman and Co-Chief Executive Officer, said, We are extremely pleased that Ben has chosen to join our firm.
We are thrilled he has agreed to join Evercore and to help us grow and strengthen our leading Industrials Advisory practice.

UJA-Federation Of New York's Wall Street Dinner Raises Record-breaking $32 Million

Retrieved on:

Tuesday, December 7, 2021

NEW YORK, Dec. 7, 2021 /PRNewswire/ -- UJA-Federation of New York's Wall Street Dinner raised a record-breaking $32 million for UJA's annual campaign.

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NEW YORK, Dec. 7, 2021 /PRNewswire/ -- UJA-Federation of New York's Wall Street Dinner raised a record-breaking $32 million for UJA's annual campaign.
Because we are not truly defending or representing our community if we are turning a blind eye to antisemitism any place it appears.
During the program, Lloyd C. Blankfein, who is ending his four-year term as chair of UJA's Wall Street & Financial Services Division, spoke about UJA's recent work.
In expressing his gratitude to the Wall Street community, Blankfein continued, "Your philanthropic leadership is powerful and sets the standard for excellence."

Gopher Withdrawal From Possible Offer for Playtech

Retrieved on:

Friday, November 19, 2021

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
Gopher Investments (Gopher), a 4.97% shareholder in Playtech plc (Playtech), today confirms that it does not intend to make an offer for Playtech.
Todays announcement has no bearing on Gophers agreement to acquire Playtechs financial trading division, Finalto.
Gopher remains fully committed to the acquisition.
To the fullest extent permitted by law, Gopher and TTB disclaim all and any responsibility or liability for the violation of such restrictions by such person.

DGAP-News: Aareal Bank Group continues its positive development with a good third quarter

Retrieved on:

Thursday, November 11, 2021

Wiesbaden, 11 November 2021 - Aareal Bank Group has continued its growth path and increased its consolidated operating profit for the third quarter to 50 million.

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Wiesbaden, 11 November 2021 - Aareal Bank Group has continued its growth path and increased its consolidated operating profit for the third quarter to 50 million.
With regard to the further development of the pandemic during the current winter quarter, we will nonetheless remain vigilant."
Persistent demand for digital products such as Aareal Meter and Aareal Aval is increasingly contributing to the business segment's positive development.
Aareal Bank Group continues to anticipate a "swoosh"-shaped economic trend.