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Lloyds Chambers buyer lines up Apollo/Castleforge/Tyndaris debt

Billionaire investor Gary Fegel, the former head of Swiss commodities giant Glencore’s aluminium business, has emerged as the buyer behind the £100m acquisition of City office building, Lloyds Chambers, as he lines up £83m in acquisition financing from Apollo, Castleforge and Tyndaris, CoStar News can reveal.
By James Buckley
January 9, 2018 | 8:01 P.M.

Gary Fegel, who earned his fortune working at Glencore between 2001 and 2013, completed his purchase of Lloyds Chambers at 1 Portsoken Street last month through his investment firm, GMF Capital. New York-based Alfred Equities, headed by private investor Abraham Schwartz, had been fronting the deal.

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