Exeter Asset Growth Ventures

TEC formed a subsidiary operation (EAGV) which served as a joint venture business platform involving two hedge funds headquartered in the New York metro area. The first venture focused on creating a program and pipeline of real estate arbitrage investment opportunities using credit default swaps to credit enhance weak credit single tenant, triple-net real estate assets acquired nationally. The second joint venture established an investment program and pipeline of large scale international real estate investment opportunities in the emerging markets of India and Eastern Europe. This latter venture was formed with an established NYC-based hedge fund which already had a corporate investment operating presence and staff in more than 30 countries globally. TEC set up its primary office and base for this international investment activity in London.