Investing Intelligent Capital for Over a Quarter of a Century

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NEWS

WEP launches multi-housing strategy with the acquisition of two portfolios aggregating in excess of $100.0 million and nearly 1,500 units in Florida and the Midwest. Wharton MH Partners will focus primarily on acquiring leading properties in secondary markets.

WEP involved in the acquisition of an approximately 600,000 square foot hotel and office mixed use project in Lexington, KY from The Blackstone Group in $50.0 million transaction.

Merrimack Pharmaceuticals, Inc., a long-term portfolio company investment of WEP's private equity group, completes its IPO through JP Morgan Chase under the symbol "MACK." WEP and private investment funds under its management had previously invested approximately $24.0 million in the company.

WEP acquires and sells notes on two neighborhood shopping centers located in Boca Raton and Boynton Beach, Florida. The notes, which were purchased from a major money center bank, had a face value in excess of $33.0 million.

WEP forms Wharton Columbia Net Lease Partners to pursue acquisition of net lease properties throughout the United States.

WEP completes $110.0 million housing development in Westchester, New York. Project spans over 300 acres and almost 200 single family homes.

An affiliate of WEP has made a follow-on investment in New York City-based DataMinr. WEP made its original investment earlier in 2011. DataMinr is a technology company developing a Social Media Analytics Platform for financial industry professionals.

WEP forms Wharton Land Partners, headquartered in Raleigh, NC. The Company is focused on acquisitions of larger-scale distressed residential projects in the southeast United States.

WEP sells New York Metro area 6,500-unit self storage portfolio to affiliate of Northwestern Mutual Life for approximately $56.0 million.

WHARTON EQUITY PARTNERS is a privately held alternative asset management firm head­quartered in New York City that is focused on investing capital for institutions, family offices and high net worth individuals in real estate and private equity. Formed in 1987, we have had significant success in adapting hands-on investment strategies to market conditions while adhering rigorously to the principle of protecting capital in the pursuit of achieving exceptional risk adjusted returns.