Fund Management
What's New In Investments, Funds? β LeafHouse, Alta Trust
The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
LeafHouse, Alta Trust
LeafHouse, a US
discretionary investment manager, has launched a collective
investrment trust concentrating on private assets.
The Alta Privately Managed Alts Fund is being launched via Alta Trust, a South Dakota trust company.
The CIT will invest in funds managed by New York-listed Apollo, a provider of private markets investments, and Franklin Templeton. Alta Trust is serving as the CIT trustee.
The new entity is designed to seek capital appreciation and income primarily through alternative investment exposure.
βThe CIT may be an appropriate investment for professionally managed vehicles and programs seeking exposure to a combination of private and publicly available income investments,β LeafHouse said in a statement.
Qualified plan participants will gain access to institutional private real estate through the Clarion Partners Real Estate Income Fund Inc. Clarion Partners, a specialist investment manager of Franklin Templeton, is a US real estate investment manager. Additionally, through the Apollo Aligned Alternatives CIT, investors can gain access to a mixed portfolio of private markets investments.
