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13 February 2012

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Elystan Capital launched to invest in distressed German mortgage assets

A new Munich-based real estate investment firm, Elystan Capital Advisers, is launched today to target non-performing mortgage backed assets and securities plus real estate portfolios in Germany, Austria and Switzerland - with the aim of actively managing to improve performance. The group is backed by trans-Atlantic private equity house GI Partners, which will provide investment capital from its recently closed third fund which closed at $1.9bn in October 2009. (See upcoming PIE editions for full story)

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