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

SunHerald.com, 23 Feb 2011
NEW 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 appropriately.
“We welcome the opportunity to establish a long-term partnership with Jefferies Group in commercial real estate finance,” said Dr. Seek Ngee Huat, President of GIC Real Estate. “We have worked successfully with Mark Finerman for several years and look forward to expanding our relationship with this further commitment." Full story

Related:
Jefferies Joins Singapore Sovereign Fund to Finance Real Estate - Bloomberg
Jefferies, GIC in partnership with LoanCore form new real estate finance company - Banking Business Review