EQT-backed Exeter Property to acquire Redwood Capital Group.

EQT-backed Exeter Property agreed to acquire Redwood Capital Group, a realt estate investment manager. Financial terms are not disclosed. "I am thrilled to welcome David, Mark and the RCG team to EQT Exeter. RCG's strong cultural fit, impressive performance, aligned investment approach and similar commitment to sustainability make them the ideal partners as we continue to establish EQT Exeter as a global geo-sector leader across sheds, beds, and meds. Expanding our multifamily offering is a crucial step in our growth, and this combination offers a fantastic opportunity to build on the significant track records of both our firms, as we develop one of the leading residential real estate businesses in the US," Ward Fitzgerald, Exeter Founder and CEO.