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PHILADELPHIA — Private equity real estate fund manager BPG Properties LTD has changed its name to Equus Capital Partners LTD. The firm’s new name, Equus, is derived from the Latin word for “horse” and chosen “because the horse symbolizes strength, agility, dependability and hard work, all of which have been hallmarks of the firm’s culture and performance since its inception,” according to a statement released by Equus. No changes will be made in the firm’s operation as a result of its new name. Equus Capital Partners has more than $4.5 billion in assets under management across 11 value-add investment funds.