dune capital
NEW YORK, NY — (MARKET WIRE) — January 08, 2007 — Dune Capital Management and DiNapoli Capital Partners announced that they have completed the acquisition of the 802-room Hyatt Regency San Francisco in Embarcadero Center, from SHC Embarcadero LLC (”SHC”). [1]
The winner is New York-based Dune Capital Management, founded by two ex-Goldman partners. [2]
This article is based largely on the Wikipedia article on the Dune novel. [3]
This article or section refers to elements from both Original Dune and Expanded Dune. [4]
Dune Capital Management LP, a New York-based firm led by former Goldman Sachs real estate fund managers, has closed fund raising on an opportunistic real estate vehicle with $727 million in capital commitments. [5]
Carthag was erected by House Harkonnen when Spacing Guild manipulations had given them Arrakis as a quasi-fief to govern. [...] Under the Atreides leader, the Duke Leto, the capital moved to the city of Arrakeen, which was approximately two hundred kilometres south west of Carthag. [4]
SHC is a subsidiary of Strategic Hotel Capital, LLC, a private company whose principal shareholders are affiliates of Goldman, Sachs & Co. and investors advised by Prudential Real Estate Investors. [1]
The novel tells the story of young Paul Atreides, heir apparent to Duke Leto Atreides and scion of House Atreides, as he and his family relocate to the planet Arrakis, the universe’s only source of the spice melange. [...] Dune is set far in the future amidst a sprawling feudal intergalactic empire where planetary fiefdoms are controlled by noble Houses that owe allegiance to the Imperial House Corrino. [3]
DiNapoli Capital Partners (”DCP”) is a privately held real estate investment firm engaged in the acquisition, development and management of hotels and commercial real estate assets. [1]
The firm is led by Daniel M. Neidich, Steven T. Mnuchin and Chip Seelig, formerly with Goldman Sachs. [5]
Colony is the managing general partner in a joint venture that also includes the Dune Real Estate Funds, KanAm USA Management XXII Limited Partnership, and The Mills Corporation (NYSE:MLS). [6]
A winner of the Hugo Award and Nebula Award for outstanding science fiction, Dune is popularly considered one of the greatest science fiction novels of all time, and is frequently cited as the best-selling science fiction novel in history. [...] The secretive Bene Gesserit, often referred to as “witches,” possess mental and physical powers developed through a combination of thousands of generations of genetic selection and years of physical and mental conditioning. [3]
Sources:
[1] Strategic Hotel Capital sells San Francisco Hyatt Regency in …
[2] Money & Company | Report: Private equity firm wins bidding for IndyMac …
[3] Dune (novel) - Dune
[4] Carthag - Dune
[5] Former Goldman Sachs Execs Form New $727M Opportunity Fund - CoStar Group
[6] XANADU