Professional SErvices News
read the latest about the firms transforming how wealth advisors implement alts in their practices
Headlines
Advisor Survey Reinforces Growing Demand for Alternative Investments
95% of Advisors Now Use Alternative Investments, Survey Finds
Inland Strengthens Institutional Executive Team with Two Strategic Hires
The appointments reflect the Company’s continued focus on building an experienced team to support the disciplined growth of its institutional platform.
Blue Owl Digital Infrastructure Trust Names Jack Viellieu Chief Operating Officer
The incoming COO steps up from Blue Owl’s digital infrastructure investment team as Bradley Berkley departs on amicable terms.
Goldman Sachs Private Credit Fund Clears All Quarterly Redemptions
For a non-traded private credit vehicle, filling every request without prorating signals that redemption pressure this quarter stayed short of the level that would force the fund to ration exits.
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Recent News
Why Choose a REIT Over Other Investment Vehicles?
In this short clip, Andrew Deck reflects on a private equity manager’s unique view of success — when educating investors leads them to realize an opportunity isn’t the right...
Driving Growth with Unified Marketing and Sales Messaging
Marketing Intent Consider this scenario: after months of meticulous preparation, having internalized every talking point, you enter a meeting with an advisor fully confident...
SEI Increases Stock Share Repurchase Program by $650 Million
SEI The Board of Directors of SEI Investments Company approved an increase in its stock repurchase program by an additional $650 million, increasing the available...
Alts & Answers: Awakening Wealth Advisors to Private Market Possibilities
Johnathan Rickman | Blue Vault Blue Vault’s Alts & Answers Luncheon Series is awakening wealth advisors to the benefits and widening availability of alternative...
Essential Income 4 DST Fully Subscribed, Providing Accelerated Access to the Essential Income REIT
ExchangeRight ExchangeRight, one of the nation’s leading providers of diversified real estate REIT and DST investments, has announced the full subscription of Essential...
Capital Square Launches Leveraged DST Offering of Build-for-Rent Townhome Community Near Miami Dolphins’ Hard Rock Stadium
Capital Square Capital Square, a leading sponsor of tax-advantaged real estate investments and a national developer and manager of housing communities, today announced the...
More articles…
Blackstone Is the First Alternative Asset Manager to Hit $1 Trillion AUM. So Where Does It Go From Here?
In July, Blackstone BX reported that it had surpassed $1 trillion in total assets under management during the second quarter of 2023, being the first alternative asset manager to cross that threshold. A bit of background to start: “Alternative asset management” is an umbrella term for asset managers that specialize in private market investment strategies like private equity, private debt, or real assets, or in strategies that invest in publicly traded securities in a nontraditional manner, like hedge funds or funds of funds. (I am oversimplifying a bit—there is some overlap between these groups.)
Legendary Capital Expands Team with Two New Wholesaling Vice Presidents
Legendary Capital, LLC, a leading Alternative Investment Sponsor, is delighted to announce the recent addition of Devon Gasparovic and Robin Boccardi to its distribution team as wholesaling vice presidents. These strategic hires mark another significant step in the company’s ongoing commitment to strengthening its distribution capabilities and providing superior partnering services to financial advisors across the country…
Apollo Funds acquires Accent family of companies
Apollo Funds, a global alternative asset manager based in New York, has acquired the Accent family of companies, a Tomball, Texas-based full service, value-added industrial distribution company focused on the waste, recycling and building materials industries that includes Accent Wire-Tie, Accent Wire-Tie United Kingdom and Accent Building Materials…
Cove Capital Investments Completes the Acquisition of Two Long-Term Net Lease Properties as Part of Its Debt-Free Texas Net Lease 67 DST
Cove Capital Investments Completes the Acquisition of Two Long-Term Net Lease Properties as Part of Its Debt-Free Texas Net Lease 67 DST August 17, 2023 | Cove Capital Investments Cove Capital Investments, LLC, a private equity real estate firm and Delaware Statutory...
NAV REITs Report Positive Median Total Returns for July
The median monthly total return for 16 continuously offered nontraded REIT programs (“NAV REITs”) was 0.21% in July, compared to just 0.01% in June. Ten of the 16 reported positive total returns.
Hines Global Income Trust Acquires Logistics Center in Columbus
Hines, the global real estate investment, development, and property manager, announced that Hines Global Income Trust, Inc. (“HGIT”) has acquired I-70 Logistics Center located at 9157 Mink Street SW in Columbus, Ohio, a distribution center that is 100% leased to a third-party logistics provider.
Sluggish CRE Lending Persists: CBRE
In the face of market uncertainty, CRE lending slowed in the second quarter, according to CBRE. The company’s Lending Momentum Index fell from 204 in the first quarter to 193 in the second quarter, representing declines of 5.4 percent from the first quarter and 52.2 percent year-over-year….
95% Of Advisors Plan To Maintain Or Increase Alt Investments, iCapital Survey Says
Fully 95% of advisors surveyed said they plan to maintain or even increase their exposure to alternative investments, a largely unregulated and illiquid asset class, over the next 12 months, according to iCapital….
Optimism Is Returning To Battle-Tested Retail Sector — But More Importantly, So Are Investors NationalInvestment
After years of trepidation, institutional money is flowing back into retail. Crow Holdings and Lincoln Property Co. are among the prominent firms that have launched new endeavors aimed at spending billions of dollars to acquire more retail real estate…
NexPoint Residential Trust, Inc. Announces Entrance into Contract to Sell Old Farm in Houston, TX, and Silverbrook in Dallas, TX
“NXRT is excited to execute our strategic objectives to sell out of our Houston market positions and pay off our most expensive debt capital…”
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