Post road

KBRA Assigns Ratings to Franklin BSP Capital Corporation

Retrieved on: 
Tuesday, February 6, 2024
Professional Services, Finance, Risk management, JV, Mergers and acquisitions, Post road, FV, Environment, Outlook, KBRA, Investment, LTV, BDC, Siena, Positive, Security (finance)

In connection with the BDC merger described below, KBRA withdraws the BBB- issuer and senior unsecured debt ratings of Franklin BSP Lending Corporation ("FBLC") and assigns BBB- issuer and senior unsecured debt ratings to Franklin BSP Capital Corporation ("FBCC").

Key Points: 
  • In connection with the BDC merger described below, KBRA withdraws the BBB- issuer and senior unsecured debt ratings of Franklin BSP Lending Corporation ("FBLC") and assigns BBB- issuer and senior unsecured debt ratings to Franklin BSP Capital Corporation ("FBCC").
  • FBLC, which KBRA has rated since 2015, was a non-listed BDC with a $2.8 billion investment portfolio at fair value (FV), as of September 30, 2023.
  • There is no change to FBCC’s Adviser, Franklin BSP Capital Adviser L.L.C, and the underlying strategy remains the same.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

The Preiss Company Completes Recapitalization of The Outpost San Marcos

Retrieved on: 
Monday, June 5, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Professional Services, University, Consumer, Other Consumer, Residential Building & Real Estate, TPCO, Stainless steel, Student, Housing, Acquisition, Bobcat Stadium, Post road, Texas State University, Bed, The Preiss Company, Internet, Cryptocurrency

Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the recapitalization of the 486-bed Outpost San Marcos in Texas.

Key Points: 
  • Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the recapitalization of the 486-bed Outpost San Marcos in Texas.
  • The Outpost San Marcos is owned in a joint acquisition between TPCO and a Los Angeles-based real estate investment firm, an owner and investor focused on all aspects of commercial real estate, especially on student housing and conventional apartments.
  • “For the past eight years, The Preiss Company has owned and operated The Outpost San Marcos, and the property has performed extremely well through the years,” said John Preiss, president, TPCO.
  • “We've completed more than 15 recaps over the past decade, representing 10,000-plus beds, 5,000 of which remain in our portfolio,” Preiss added.

Post Road and Wafra Form Partnership with Intermountain Infrastructure Group

Retrieved on: 
Tuesday, February 28, 2023
Technology, Networks, Professional Services, Finance, IIG, Intermountain West, Partnership, Entrepreneurship, Latham & Watkins, Growth, Post road, Inc., United, Holland & Knight, Covington & Burling, Multimedia, Orrick, Rail transport

Wafra Inc. (“Wafra”), a global alternative investment firm, and Post Road Group (“Post Road”), an alternative investment advisory firm based in Stamford, CT, today announced an investment in Intermountain Infrastructure Group LLC (“IIG”), a leading fiber infrastructure developer and operator focused on providing high-quality bandwidth and route diversity to hyperscale, cloud, carrier and content customers.

Key Points: 
  • Wafra Inc. (“Wafra”), a global alternative investment firm, and Post Road Group (“Post Road”), an alternative investment advisory firm based in Stamford, CT, today announced an investment in Intermountain Infrastructure Group LLC (“IIG”), a leading fiber infrastructure developer and operator focused on providing high-quality bandwidth and route diversity to hyperscale, cloud, carrier and content customers.
  • View the full release here: https://www.businesswire.com/news/home/20230228006136/en/
    The new partnership will enable IIG to accelerate its network deployment, including a new long-haul route in the Intermountain Region of the western United States.
  • Orrick, Herrington & Sutcliffe LLP served as legal advisor to Post Road.
  • IIG was advised by Bank Street Group LLC as financial advisor and Holland & Knight LLP as legal counsel.

Wafra and Post Road Form Partnership with Intermountain Infrastructure Group

Retrieved on: 
Wednesday, February 22, 2023
Technology, Networks, Professional Services, Finance, IIG, Intermountain West, Partnership, Entrepreneurship, Latham & Watkins, Growth, Post road, Inc., United, Holland & Knight, Covington & Burling, Orrick, Rail transport

Wafra Inc. (“Wafra”), a global alternative investment firm, and Post Road Group (“Post Road”), an alternative investment advisory firm based on Stamford, CT, today announced an investment in Intermountain Infrastructure Group LLC (“IIG”), a leading fiber infrastructure developer and operator focused on providing high-quality bandwidth and route diversity to hyperscale, cloud, carrier and content customers.

Key Points: 
  • Wafra Inc. (“Wafra”), a global alternative investment firm, and Post Road Group (“Post Road”), an alternative investment advisory firm based on Stamford, CT, today announced an investment in Intermountain Infrastructure Group LLC (“IIG”), a leading fiber infrastructure developer and operator focused on providing high-quality bandwidth and route diversity to hyperscale, cloud, carrier and content customers.
  • The new partnership will enable IIG to accelerate its network deployment, including a new long-haul route in the Intermountain Region of the western United States.
  • Orrick, Herrington & Sutcliffe LLP served as legal advisor to Post Road.
  • IIG was advised by Bank Street Group LLC as financial advisor and Holland & Knight LLP as legal counsel.

Post Road Group Receives Strategic Minority Investment From Capital Constellation

Retrieved on: 
Thursday, March 3, 2022
Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Constellation, Social Security, Bermuda, Investment, Company, Kuwait Investment Authority, Growth, Albany Post Road, Adoption of free and open-source software by public institutions, The Road (group), Multimedia, Renewable energy, TMT, Philosophy, Capital, Post road, Post, Telecommunication, Social, Kirkland & Ellis, Technology, Partnership, Alaska Permanent Fund, Investor, Financial services, Security (finance), Post Road Group, Capital Constellation, Wafra, POST ROAD GROUP, CAPITAL CONSTELLATION, WAFRA

Post Road Group (Post Road or the Firm), an alternative investment firm focused on real estate and middle-market corporate strategies, today announced that Capital Constellation has acquired a passive, minority ownership interest in Post Road to support the Firms long-term growth and development.

Key Points: 
  • Post Road Group (Post Road or the Firm), an alternative investment firm focused on real estate and middle-market corporate strategies, today announced that Capital Constellation has acquired a passive, minority ownership interest in Post Road to support the Firms long-term growth and development.
  • Capital Constellation, a group of premier global institutional investors, who, together with Capital Constellations affiliated funds (collectively, Constellation), provides transformative investment capital and expertise to growing investment management platforms, is managed by leading private equity and alternative investment manager Wafra Inc. (Wafra).
  • View the full release here: https://www.businesswire.com/news/home/20220303005354/en/
    Constellations investment in Post Road aligns with its strategy of backing rising entrepreneurial investment managers to establish the next generation of promising private equity and alternative investment firms.
  • The investment by Constellation follows the successful close of Post Road Special Opportunity Fund II at more than $300 million.

Post Road Group Raises More Than $300 Million for Second Credit Opportunity Fund

Retrieved on: 
Tuesday, January 25, 2022
Professional Services, Finance, Telecommunication, Industry, SOF, Investment, Sidley Austin, Silk Road Group, Post road, Company, Technology, Fund, Post, Financial services

Post Road Group LP (Post Road or the Firm), an alternative investment firm focused on middle-market corporate strategies and real estate, today announced the close of Post Road Special Opportunity Fund II LP (the Fund or SOF II) with total capital commitments of more than $300 million, exceeding the Funds target.

Key Points: 
  • Post Road Group LP (Post Road or the Firm), an alternative investment firm focused on middle-market corporate strategies and real estate, today announced the close of Post Road Special Opportunity Fund II LP (the Fund or SOF II) with total capital commitments of more than $300 million, exceeding the Funds target.
  • SOF II received significant backing from existing Post Road limited partners as well as new investors globally, including pension funds, fund of funds, university endowments, private foundations, and family offices.
  • SOF II invests in a range of corporate strategies, including secured credit, structured equity, and special situations in middle-market technology, media, telecommunications, and business services sectors.
  • Post Road Group is an alternative investment firm focused on middle-market corporate strategies and real estate.

Connecticut Preschool Children Receive $10,000 Annually for Music Program

Retrieved on: 
Monday, November 15, 2021
Children, Religion, Philanthropy, Other Education, Fund Raising, Preschool, Consumer, Foundation, Other Philanthropy, Education, Family, Learning, University, Music, Movement, Egg, Notre Dame, Love, Program, Saint Charles Preparatory School, Saint, Wharton School of the University of Pennsylvania, Lincoln, Parent, Post road, Sibling, Child, Toy, Interior design

A $10,000 grant is going to Saint John Catholic Church to benefit the music program at Saint John Preschool.

Key Points: 
  • A $10,000 grant is going to Saint John Catholic Church to benefit the music program at Saint John Preschool.
  • The grant, which will be renewed annually, will be applied exclusively toward implementation of Music Together, an internationally recognized program of music and movement that supports the social, emotional, cognitive and physical development of preschool children.
  • "Children are naturally musical and giving them the opportunity to explore music in this way at an early age helps to foster a love and appreciation for music that can last a lifetime, said Debbie Moran, Director of Saint John Preschool.
  • The Music Together program offers all original songs accompanied by child-size musical instruments such as shaker eggs, sticks and drums for the children to use.

Aristocrat Gaming Holding Job Fair September 27 and 28

Retrieved on: 
Monday, September 20, 2021
ALL, Native, Interview, Health, Class, Aristocracy (class), Program, Life, Aristocrat Leisure, ASX, Technology, Creativity, Leisure centre, Post road, Industry, Dean Martin, Video game

Now you can be a part of the company that makes them all, Aristocrat Gaming.

Key Points: 
  • Now you can be a part of the company that makes them all, Aristocrat Gaming.
  • Aristocrat is holding a job fair on September 27 and 28 for up to 50 positions at its manufacturing facility at 3300 Birtcher Drive near Dean Martin and Post Road.
  • The job fair takes place Monday, September 27 from 3 p.m. to 6 p.m. and September 28 from 9 a.m. to noon at 3300 Birtcher Drive.
  • Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a global games leader with more than 6,000 employees.