Capmark Investments LP Chapter 11 Update
Capmark Financial Group Inc. (“Capmark”) announced on January 15, 2010 that Capmark Investments LP, a subsidiary guarantor of Capmark’s corporate debt obligation, is joining Capmark and its other subsidiary guarantors in its Chapter 11 proceedings. Capmark and certain of its subsidiaries filed voluntary petitions for relief under Capmark 11 of the U.S. Bankruptcy Code on October 25, 2009. Capmark Investments’ filing does not include any of the funds managed by Capmark Investments nor its general partnerships in the funds.
TRECAP Partners LLC has acquired the real estate equity investment advisory business of Capmark Investments LP, including investment management contracts and general partnership interests in its real estate equity funds. Please click here to visit the TRECAP website at www.trecappartners.com.
If you have any questions, please contact Keith Kooper, President of Capmark Investments at 215.328.1737 or Michelle Vaughn, Chief Compliance Officer at 215.328.1303.