BRCC News

SilverBox Engaged Merger I, a blank check company formed by SilverBox Capital and Engaged Capital, raised $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The company may raise an additional $100 million at the closing of an acquisition pursuant to a forward purchase agreement...read more

SilverBox Engaged Merger I, a blank check company formed by SilverBox Capital and Engaged Capital, filed on Monday with the SEC to raise up to $300 million in an initial public offering. The Austin, TX-based company plans to raise $300 million by offering 30 million units at $10. Each unit will consist of one share of common stock and one-third of a warrant, exercisable at...read more

Brookfield Realty Capital, a REIT investing in commercial real estate mortgage loans, withdrew its plans for an initial public offering on Wednesday, citing poor market conditions. The New York, NY-based company filed for a $500 million IPO in August 2009 and last posted an amendment in January 2010. Goldman Sachs was set to be the lead underwriter on the deal....read more

Brookfield Realty Capital, a newly formed REIT managed by Brookfield Asset Management (NYSE: BAM) that will invest in commercial real estate mortgage loans, filed on Friday with the SEC to raise up to $500 million in an initial public offering. As of June 30, the manager had $82 billion in assets under management, including $35 billion in real estate. Goldman Sachs is the sole...read more