AMP Capital to buy Everstream

AMP Capital has agreed to acquire Everstream Solutions LLC, a super-regional network service provider bringing fiber-based ethernet, internet and data center solutions to businesses in the Midwest. The sellers include M/C Partners and investors advised by the private equity group of J.P. Morgan Asset Management and Morgan Stanley Alternative Investment Partners. No financial terms were disclosed. Evercore and MVP Capital served as lead financial advisers to Everstream and M/C Partners on the transaction while Goldman Sachs served as financial adviser to AMP Capital. PRESS RELEASE CLEVELAND–(BUSINESS WIRE)–Everstream Solutions LLC (“Everstream”), a super-regional network service provider bringing fiber-based Ethernet, internet and data center solutions to businesses throughout the Midwest, announced today that its current investors—M/C Partners, a Boston-based private equity firm, and its limited partners including investors advised by the Private Equity Group of J.P. Morgan Asset Management and Morgan Stanley Alternative Investment Partners—have entered into a definitive
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Brookfield to buy 75 pct stake in Schoeller Allibert

The private equity group of Brookfield Asset Management has agreed to acquire a 75 percent interest in Schoeller Allibert Group BV, a Dutch designer and maker of returnable plastic packaging systems. The stake is being acquired from JPMorgan Chase & Co for about 205 million euros (about $245 million). Brookfield is partnering with Schoeller Allibert’s founder, the Schoeller family, which will continue to hold a 25 percent interest. PRESS RELEASE BROOKFIELD, NEWS, Jan. 05, 2018 (GLOBE NEWSWIRE) — Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) (“Brookfield Business Partners”), together with institutional partners (collectively “Brookfield”), announced today that it has entered into an agreement to acquire a 75% controlling interest in the Schoeller Allibert Group B.V. (“Schoeller Allibert” or “the Company”), one of Europe’s largest manufacturers of returnable plastic packaging systems for €205 million. The stake is being acquired from an indirect subsidiary of JPMorgan Chase & Co
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J.P. Morgan Asset Management raises $480 mln for second maritime fund

J.P. Morgan Asset Management has closed its second maritime fund at $480 million. The limited partners of Global Maritime Investment Fund II include pension plans, insurance companies, endowments and healthcare organizations. The pool will invest in vessels in distressed shipping sectors. So far, the fund has deployed $312 million of its capital via the acquisition of 14 assets. PRESS RELEASE NEW YORK, June 22, 2017 /PRNewswire/ — J.P. Morgan Asset Management today announced the closing of its Global Maritime Investment Fund II with $480 million in capital commitments from a broad range of international institutional investors, including pension plans, insurance companies, and endowment and health care entities.
The Fund, which surpassed its $400 million targeted capital raise, is one of the largest dedicated shipping funds. It seeks to invest, through a closed-end structure, in modern vessels operating in shipping sub-sectors that are experiencing substantial distress, with values trading
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Samsung SRA collects $270 mln for initial U.S. office mezzanine debt fund

Samsung SRA Asset Management has closed its debut U.S. office mezzanine debt fund at $270 million, beating its $200 million target. Samsung SRA will focus on providing mezzanine debt to Korean institutional investors seeking to back office assets in New York, Boston, Chicago, San Francisco, Washington, D.C. and Los Angeles. J.P. Morgan Asset Management is serving as an investment manager for the fund. PRESS RELEASE NEW YORK, Oct. 19, 2016 /PRNewswire/ — J.P. Morgan Asset Management – Global Real Assets today announced it is serving as investment manager for Samsung SRA Asset Management’s first U.S. office mezzanine debt fund. Samsung SRA, the real estate asset management subsidiary of Samsung Life Insurance, launched the fund to provide Korean institutional investors access to mezzanine debt on stable core office assets in six U.S. central business districts – New York, Boston, Chicago, San Francisco, Washington, DC and
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