Showing posts with label Jefferies Group Inc.. Show all posts
Showing posts with label Jefferies Group Inc.. Show all posts

Thursday, February 24, 2011

Jefferies Joins Singapore Sovereign Fund to Finance Real Estate

Jefferies Group Inc., the New York- based investment bank, the Government of Singapore Investment Corp. and LoanCore LLC, formed a joint venture to originate commercial real-estate debt in the U.S.

The company, to be known as Jefferies LoanCore LLC, can draw on $600 million in capital, the firm said today in a statement. Mark Finerman, the founder of LoanCore LLC, will lead the venture, according to the statement.