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GI Partners’ DataCore Acquires Corporate Research Center

Posted on: February 28, 2013 by asormaniNo Comments »

GI Partners has acquired a data center-anchored property in Hayward, California. The investment was made through DataCore, a real estate fund managed by GI Partners.

Waypoint Homes Closes Revolving Credit Facility

Posted on: October 4, 2012 by asormaniNo Comments »

Waypoint Homes and Menlo Park-based private equity firm GI Partners have closed a $245 million revolving credit facility with Citi. The facility will support the acquisition, renovation, long-term ownership and management of Waypoint’s growing national portfolio of single family rental homes. Based in Oakland, Calif., Waypoint Homes has created a next-generation real estate company to help address the lack of liquidity contributing to the prolonged U.S. housing crisis.

TechCore Makes First Investment in San Jose Office Building

Posted on: September 13, 2012 by asormaniNo Comments »

Middle market private equity real estate firm GI Partners has acquired a Class A technology headquarters office building in San Jose. The acquisition is the first from TechCore, a $500 million discretionary core real estate fund launched earlier this year and managed by GI Partners on behalf of California Public Employees’ Retirement System.

Cambian Buys Signpost Children’s Services

Posted on: April 11, 2012 by Luisa BeltranNo Comments »

The Cambian Group said Wednesday that it has acquired Signpost Children’s Services. Financial terms weren’t announced. London-based GI Partners provided capital for the deal. U.K.-based Signpost is a specialist provider of residential care for deaf children and young adults with additional complex needs. PRESS RELEASE The Cambian Group, one of the UK’s leading providers of [...]

Mortgage Companies Look Ripe for Deals

Posted on: March 26, 2012 by Bernard VaughanNo Comments »

Several private equity firms have lined up to invest in mortgage providers and servicers in recent weeks, suggesting more firms are eager to get back into a much maligned sector as it staggers out of the Great Recession,Buyouts reports in its March 26 edition. In less than a week, between March 9 and March 14, [...]

GI Partners Backs Waypoint

Posted on: January 16, 2012 by asormaniNo Comments »

GI Partners has backed Waypoint Real Estate Group, an acquirer of distressed, single-family properties. Law firm Paul Hastings advised on the transaction. PRESS RELEASE Paul Hastings LLP, a leading global law firm, announced today that the firm represented GI Partners, a leading mid-market private equity firm, in its equity investment in Waypoint Real Estate Group, [...]

GI Partners Backs Waypoint Real Estate Group

Posted on: January 11, 2012 by asormani1 Comment »

GI Partners has backed acquirer of distressed, single-family properties Waypoint Real Estate Group. The GI investment will initially enable the acquisition of more than $250 million in single family rental homes. PRESS RELEASE Waypoint Real Estate Group, the nation’s leading acquirer of distressed, single-family properties, and GI Partners, a leading mid-market private equity firm, announced [...]

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Scoop: TPG Credit Management Targets $800M; GI Partners To Launch Soon

Posted on: July 26, 2011 by dtollNo Comments »

Many distressed opportunities and turnaround firms operate in obscurity, by choice or by happenstance. In recent months sources close to two of them have pushed back the curtains to reveal more about their strategies and track records, according to sister magazine Buyouts. One is TPG Credit Management, an affiliate of David Bonderman’s TPG Capital, the [...]

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GI Partners Exits The Linc Group in $300 Million Deal

Posted on: December 2, 2010 by cnolanNo Comments »

ABM Industries has paid $300 million for The Linc Group, a portfolio company of private equity firm GI Partners. The deal represents a 4.4x return for GI Partners, which acquired the company in a 2003 management-led buyout of the Linc from the Enron bankruptcy process. The Irvine, Calif.-based Linc Group provides technical building services, including ventilation and air condition services, lighting and electrical services and maintenance and repair. GI Partners has offices in Menlo Park, Calif.; London and Munich. The firm has raised $3.9 billion in capital since its formation in 2001.

GI To Manage CalPERS’ $3.4 Billion Real Estate Portfolio

Posted on: December 1, 2010 by Luisa Beltran1 Comment »

CalPERS and GI Partners have formed a partnership where GI will manage and invest a $3.4 billion portfolio of industrial and logistics related real estate businesses from CalPERS. As part of the deal, CalPERS has transferred its CalEast Global Logistics to GI who will manage it. John Saer, a former KKR partner, has joined GI as an MD and executive chairman of the CalEast businesses. GI, of Menlo Park, Calif., is a private investment firm. CalPERS is a leading public pension fund.