New York-based IXIS Real Estate Capital Inc., the U.S. commercial real estate financing subsidiary of the recently formed Natixis, has changed its name to Natixis Real Estate Capital Inc.The parent company was formed last November when Groupe Caisse d'Epargne, the ultimate parent of IXIS, and Groupe Banque Populaire, the parent of Natexis Banques Populaires, combined their corporate and investment banking, asset management, and financial service businesses. Each of the parent companies owns 34.5% of the new entity, and the remaining 31% has been sold to the public, Natixis said.
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