A Connecticut-based private equity executive, Eugene Gorab guides Greenfield Partners, LLC, and provides investment solutions in the real estate sphere. Eugene Gorab takes pride in enabling investment partners to safeguard their interests within evolving financial and market situations. As a macro trend, the private equity sphere is undergoing a transformation as the asset class broadens and gains flexibility. Spanning traditional private equity, infrastructure, real estate, natural resources, and private debt, the versatile private equity capital segment now represents $5 trillion in assets under management and has grown at a pace of at least 8 percent annually over the past decade. Private equity capital’s growth as an asset class has important ramifications, including providing liquidity and increased valuations through the power of capital pools. It also makes going public less attractive, considering the expenses and regulatory burdens associated with maintaining a public corporation. A result is that a growing number of businesses are staying private longer or going private, with private equity capital providing accessible and substantial financial resources.
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An experienced businessman, Eugene Gorab holds an MBA from the University of Chicago. Since 1997, Eugene Gorab has served as the president and CEO of Greenfield Partners, LLC, a private equity real estate investment firm. The Greenfield investing philosophy is focused on the idea of resiliency, the trait that helps the firm protect investor capital across regular market cycles. The professionals at Greenfield understand that their competitive advantage comes from their continuity. The firm maintains a commitment to attracting and retaining the best talent. With an emphasis on integrity, it provides the cross-training and instruction needed to excel in the field. This training emphasizes the importance of flexibility in adapting to a market that changes quickly. The Greenfield philosophy also emphasizes diversity and moderation. The firm believes in investing where it can find deals rather than where other firms are investing. This approach leads to a naturally diverse portfolio. However, moderation and risk management are also critical for long-term protection. For more information about Greenfield Partners’ investment philosophy and strategy, visit GreenfieldPartners.com. A leader in the private equity real estate industry, Eugene Gorab is the founder, president, and CEO of Greenfield Partners, LLC. Since establishing the firm in 1997, he has successfully sponsored nine discretionary investment funds and secured more than $4 billion in capital commitments. Eugene Gorab maintains active membership with the Pension Real Estate Association (PREA), a nonprofit trade association that facilitates interactive forums for the global institutional real estate investment community. Committed to advancing education, PREA offers annual scholarships to promising undergraduate and graduate real estate students. To establish criteria for eligibility, PREA works with Scholarship America, a philanthropic organization that helps corporations, foundations, and individuals with managing and awarding scholarships. PREA also partners with the Robert A. Toigo Foundation to grant a joint scholarship and fellowship to minority and women students. In 2017, PREA contributed a total of $20,000 to nine deserving students. Additionally, the PREA/Toigo scholarship awarded $10,000 to four minority students pursuing an education in real estate. Greenfield Partners, LLC, was founded by private equity and real estate executive Eugene Gorab in 1997. Eugene Gorab currently heads the investment firm, which specializes in all areas of real estate financing, including debt restructuring and asset repositioning. Debt for equity is a form of debt restructuring that can be deployed by companies seeking to adjust their debt-to-equity ratio or fulfill another type of financing requirement. Debt/equity swaps are also common in chapter 11 bankruptcy cases, where debt holders are given equity shares of the reorganized company. Businesses can also provide bond-holding creditors with this option to avoid making bond payments at face value. To make the swap to equity more appealing for creditors, a company can offer to replace the debt amount with higher-valued stock. If investors agree to the swap, they effectively change the class of their asset and gain the rights afforded to shareholders. If stocks are exchanged for debt, former shareholders relinquish their voting rights and other shareholder privileges. |
AuthorCurrently, Eugene Gorab serves as the President and Chief Executive Officer of Greenfield Partners, LLC, a company he founded in 1997. Archives
May 2022
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