Ex-Canyon Capital Execs. Raise $50 Million Fund

May 14 2013 | 10:38am ET

A trio of Canyon Capital Realty Advisors veterans have launched their own real-estate fund with $50 million.

Los Angeles-based Tryperion Partners' RE Fund I will make equity investments of between $5 million and $15 million in a variety of real-estate opportunities in the western and southwestern U.S., the firm said. The vehicle will seek a mix of office, retail, hospitality and multifamily properties, targeting "fundamentally strong secondary markets overlooked by institutional capital and large real-estate investment firms."

Tryperion was founded by Joseph Kessel, Eliot Bencuya and Jeffrey Karsh, former colleagues at the Canyon Capital hedge fund.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of