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Centerbridge Partners Surpasses Target to Close Second Real Estate Fund at $2.3 Billion

Centerbridge Partners, L.P. (“Centerbridge”), a leading private investment firm, today announced that it has closed its second real estate fund, Centerbridge Partners Real Estate Fund II (“CPREF II”), with $2.3 billion in capital commitments, significantly above the original target of $1.5 billion. The fund received strong support […]

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

Martello Re Limited (“Martello Re”), a licensed Class E Bermuda-based life and annuity reinsurance company with initial equity of $1.65 billion, has been launched with the financial support of Massachusetts Mutual Life Insurance Company (“MassMutual”), Centerbridge Partners, Brown Brothers Harriman, and a pre-eminent group of institutional investors […]

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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

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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Sustainable Value Creation Report – Issued November 2021

Since Centerbridge was founded in 2005, our team has had a longstanding commitment to doing well by doing good. This is consistent with our values, fiduciary responsibility and One Team culture of collaboration and service to others. Our approach has evolved over time to keep pace with […]

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Aareal Bank concludes investment agreement – bidder company with participation of Advent International and Centerbridge Partners announces takeover offer

Aareal Bank Group has continued its growth path and increased its consolidated operating profit for the third quarter to € 50 million. Announced cash consideration of € 29.00 per Aareal Bank share equals a premium of approx. 35 per cent on the volume-weighted three-month average price prior […]

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IPC Names Doug Gilstrap as Chairman of its Board of Directors

IPC Systems, Inc. (“IPC” or the “Company”), a leading global provider of secure, compliant communications and networking solutions for the global financial markets, today announced that Doug Gilstrap has been appointed Chairman of the Board of Directors. As an expert in IT and Telecom related infrastructure for […]

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