• Home
  • About Us
  • Contact
  • Your Account
  • Subscribe
No Result
View All Result
Monday, February 6, 2023
Alternatives Watch
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Log In
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Log In
No Result
View All Result
Alternatives Watch
No Result
View All Result

Post Road Group sells minority stake

Susan BarretobySusan Barreto
March 4, 2022
in Investor News, Manager News, Manager News, Manager News, Private Credit, Private Equity, Real Estate/Infrastructure
Post Road Group sells minority stake

L-R: Mike Bogdan, Kevin Davis (provided)

ShareTweetShareSendSend

Real estate and middle-market corporate strategies alternative investment firm Post Road Group has completed a deal to sell a passive, minority ownership interest to Capital Constellation.

Terms of the deal were not disclosed, but the transaction follows the close of its second credit offering Post Road Special Opportunity Fund II at more than $300 million.

As for Capital Constellation, a group of global institutional investors whose portfolio is managed by the $28 billion firm Wafra, it too has grown into a multi-billion-dollar investment platform by investing in nine alternative asset managers across North America and Europe. The firm also recently expanded its institutional investor partnerships with the addition of New York State Common Retirement Fund in late December.

President of Capital Constellation Daniel Adamson said, “We are pleased to partner with Post Road at this important point in its evolution, while further advancing Constellation’s strategy of investing in dynamic investment managers and supporting their growth by promoting peer-to-peer collaboration among leading institutional investors and investment managers.” 

The investment by Capital Constellation aligns with its strategy to back “rising entrepreneurial investment managers” with an eye toward establishing the next generation of private equity and alternative investment managers.

The deal allows the Stamford, Conn.-based Post Road to build upon its established track record of investing across real estate, corporate credit, real estate credit, and structured equity. Post Road’s investment processes, management, and day-to-day operations will remain unchanged.

“We are excited to enter this next phase of Post Road’s evolution with the support of Constellation, a global leader in investment management and well-recognized partner to rising alternative asset managers,” said Michael Bogdan, co-managing partner of Post Road, which has completed roughly $1.5 billion in investments since its founding in 2015. “This relationship enables our Firm to scale our real estate, real estate credit, and corporate credit strategies with significant resources and reach as we seek to continue to develop unique product offerings and generate attractive returns for investors globally.”  

The capital influx will support the firm’s continued growth in its business and operations. Constellation’s strategic and financial support will allow Post Road to capitalize on outstanding growth and investment opportunities the team sees in the market, according to Post Road Co-Managing Partner Kevin Davis.

Post Road’s corporate credit and structured equity platform invests in high-growth businesses and special situations across the telecommunications, media, technology, and business services sectors, including telecom infrastructure projects. The firm’s real estate credit platform provides construction financing and bridge loans to third-party developers and owners, and Post Road’s multifamily platform owns, operates, and develops multifamily assets across the U.S.

“Post Road is a differentiated alternative manager backed by an established team of investment professionals with specialized expertise in real estate, credit and TMT, critical and high-demand segments of our global economy,’ added Wafra CIO Adel Alderbas, in a statement. “We believe there is significant potential in these areas, and we look forward to a rewarding partnership with the Post Road team.”

ShareTweetShareSendSend
Previous Post

Pantheon names global head of PE secondaries

Next Post

Varagon finances Morgan Stanley’s health tech acquisition

Related Posts

CalSTRS promotes for private markets
Pensions

CalSTRS promotes for private markets

Singapore's GIC partners for $15bn managed net-lease REIT deal
Real Estate/Infrastructure

Singapore’s GIC partners for $15bn managed net-lease REIT deal

March Capital raises Fund IV
Manager News

March Capital raises Fund IV

UBP partners with credit firm to widen its liquid alts platform
Hedge Funds

UBP partners with credit firm to widen its liquid alts platform

New Mexico pension adds to opportunistic credit portfolio
Pensions

New Mexico pension adds to opportunistic credit portfolio

Next Post
Varagon finances Morgan Stanley's health tech acquisition

Varagon finances Morgan Stanley’s health tech acquisition

Log In/Out

Lost your password?

Search the AW Archives

No Result
View All Result

Recent News

CalSTRS promotes for private markets

CalSTRS promotes for private markets

Singapore's GIC partners for $15bn managed net-lease REIT deal

Singapore’s GIC partners for $15bn managed net-lease REIT deal

March Capital raises Fund IV

March Capital raises Fund IV

UBP partners with credit firm to widen its liquid alts platform

UBP partners with credit firm to widen its liquid alts platform

Be an Alts Insider

Sign up for your FREE daily alts news briefing

Subscribe

Subscribe to AW
Alternatives Watch

© 2019-2022, All Rights Reserved  |  BMV Digital

Navigate Site

  • Hedge Funds
  • Private Equity
  • Private Credit
  • RE/Infrastructure
  • Investor News
  • Research
  • Subscribe
  • Log In

Follow Us

No Result
View All Result
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Log In

© 2019-2022, All Rights Reserved  |  BMV Digital

Be an alts insider

Start your days in the know with our free newsletter

No, I don't want to be an alts insider

Thank

You!

Follow us
on LinkedIn

Lost your password?

Cookie Consent
We do not use cookies on our website other than those that are strictly necessary for the website to function. By clicking “Accept”, you consent to the use of all six strictly necessary cookies.
Do not sell my personal information.
Cookie Settings Accept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Save & Accept
Powered by CookieYes Logo