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Eastdil Secured Announces Definitive Agreement for Management-Led Recapitalization, in Partnership with Temasek and Clients of Guggenheim Investments, Solidifying Position as Premier Private Independent Real Estate Investment Bank

Jun 11, 2019 - Business Wire
Mergers and Acquisitions

Eastdil Secured, LLC ("Eastdil Secured" or the "firm"), the original, premier private real estate investment banking company, today announced it has entered into a definitive agreement on a management-led recapitalization in partnership with Temasek, a global investment company headquartered in Singapore, and certain institutional clients of Guggenheim Investments. Following the sale, which is expected to be completed by the fourth quarter of 2019, the firm will be privately held, and Wells Farg...