PHILADELPHIA-BPG Properties has changed its name to Equus Capital Partners. The new name, taken from the Latin word for “horse,” was chosen to symbolize strength, agility, dependability and hard work, which Equus said represents its culture and performance ethic.
The change is a re-branding, but does not portend any operational changes, the investment company made clear in a statement.
City-based Equus Capital Partners is ranked as a consistently top-performing real estate fund manager by Preqin, a data and analysis company focusing on the alternative asset industry.
“Our new name reflects and celebrates the diligent hard work that has resulted in 30 years of real estate excellence, and speaks to our company's continued and untiring focus on our hands on, value-add investment approach,” said Daniel M. DiLella, president and CEO, in a release. He said Equus' client roster currently includes more than 90 institutional investors and more than 50 high-net-worth individuals and families.
Equus has recently established an independent board of advisors who will monitor key real estate trends and investment opportunities. Board members are real estate industry leaders who bring a combined 120 years of experience in real estate investment, finance, and economic development to the firm.
Also, Equus has a new website, www.equuspartners.com, and logo.
The firm's current portfolio includes over 24 million square feet of office, retail student housing and industrial properties, as well as nearly 18,000 apartment units in more than 70 communities across the United States.
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