EGM was established to continue and improve upon the success of ECM. The following summarizes certain information regarding the historical ECM funds. The investments described may not prove to be indicative of the actual business and operations of EGM.
ECM Income & Growth Fund was formed in 2003. ECM IG was formed to invest in up to $200 million in institutional grade commercial net leased real estate primarily to single tenants with high or investment grade credit ratings. The Fund invested exclusively in real estate assets leased to Walgreen & Co. under long-term net leases. The properties were opportunistically sold in 2006.