Jaguar has begun marketing the new vehicle according to a report by PERE, but the firm would not comment on the situation citing SEC restrictions. A source with knowledge of the firm told AltAssets the news was accurate.
The timing would make sense given the firm launched back in spring 2013, which was reported at the time by the Wall Street Journal.
Garrabrant previously headed up Equity International with long-time business partner and co-founder Sam Zell, but left unexpectedly in September 2013.
His partner at Jaguar is former Equity International chief strategic officer Thomas McDonald.
Jaguar will focus on global growth markets outside of the United States. Its strategies will consist of identifying the most compelling regions, countries and business sectors to “generate proprietary investment opportunities”.
The firm plans to invest through equity and debt in early and later-stage companies and platforms across a range of sectors including housing, specialty finance, retail and corporate property, logistics, health care and hospitality.
In April 2013 Equity International returned to bid for part of Brazilian homebuilder Gafisa more than a year after its takeover offer for the whole company was rejected.
Two months later, Gafisa announced it had sold its 70% stake in its high-end Alphaville unit to Blackstone and Pátria.
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