GSC Partners, an investment adviser with offices in New York, London, Los Angeles, and Florham Park, N.J., has announced the formation of GSC Capital Corp., a real estate investment trust.The new REIT will invest in real-estate-related securities, whole-loan mortgages, bank loans, corporate loans, and other asset-backed securities, the company said, and will use structured financing techniques aimed at mitigating interest rate risks. Deutsche Bank Securities was the sole underwriter for the offering, which consisted of approximately $100 million of equity and $100 million of convertible debt. GSC Partners can be found online at http://www.gscpartners.com.

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