The sale of the Financiere SELEC portfolio included financing from investment firm Massena Partners and hedge fund Farallon Capital Management. The two firms bought the portfolio of 7,600 mostly single family units in 2006.
TwentyTwo Real Estate was founded by former Perella Weinberg partner Daniel Rigny, who has also worked for Deutsche Bank.
Last week it was reported that LBO France and fellow private equity firms Apax and Nixen signed an exclusivity agreement with Bain Capital for the sale of French home retailer Maisons du Monde.
LBO France has €4bn assets under management with strategies including mid-market LBO White Knight funds, small cap LBO Hexagone funds, real estate White Stone funds and credit opportunities Altercap funds.
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