Wells Fargo Sells Private Part of Eastdil Secured to Guggenheim and Temasek

Posted on 06/11/2019


Wells Fargo & Company (WFC) announced the sale of New York-based Eastdil Secured LLC (Eastdil), its private real estate investment banking division. This follows Eastdil’s management-led recapitalization, in partnership with Guggenheim Investments, on behalf of certain institutional clients, and Temasek Holdings. Subsequent to the sale, Wells Fargo will retain the public market real estate investment […]