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Wednesday, February 23, 2011

GIC formed JV with Jefferies Group and LoanCore Captial to originate US commercial real estate debt

SunHerald.com, 23 Feb 2011NEW YORK & SINGAPORE -- Jefferies Group, Inc. (NYSE: JEF) and the Government of Singapore Investment Corporation (GIC) announced today that, through affiliates, they and LoanCore LLC, led by Mark Finerman, have formed Jefferies LoanCore LLC, a new joint venture commercial real estate finance company with $600 million in initial equity commitments that will be leveraged