Real estate private equity firm Ethika Investments announced Friday the acquisition of Vail Cascade Resort and Spa in Colorado. The Century City firm added it will allocate additional capital as part of an expansive $35 million property renovation that will begin in the second quarter of 2016. No other financial terms were disclosed.
Century City alternative management investment firm Kayne Anderson Capital Advisors announced Wednesday its Kayne Anderson Energy Funds has made a $150 million equity commitment to Houston’s Invictus Energy. The newly formed independent oil and gas company will pursue leasehold opportunities throughout select North American basins, with an initial focus on the Eagle Ford and Permian Basin.
Gores Group of Beverly Hills announced Wednesday that its portfolio company, automotive industry plastics manufacturer US Farathane Corp. of Auburn Hills, Mich., has acquired Tepso Plastics Mex, an Apodaca, Mexico-based maker of automotive components and assemblies. Financial terms were not disclosed.
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