| Investment type: |
Corporate Transaction – Specialty finance |
| Investment date: |
April 2007 |
| Acquired by: |
Onex Real Estate |
| Investment: |
US$53 million /
US$47 million from Onex |
| Status: |
Unrealized |
NY Credit is an externally managed specialty finance company focusing on originating, acquiring, structuring, selling and trading commercial real estate related loans and securities. Due to a long-standing relationship with the NY Credit management, Onex Real Estate was approached to make an equity investment in 2007.