June 2022 Alternative Investment News Round-Up

Non-traded REITs are receiving record inflows, a major family office event is coming up in California, and the IPA has made a major announcement. Read on for our curated list of the most important news for alts investors right now.

The Alternative Investment News Round-Up is a monthly digest of five “must read” stories from around the Web.

Events

Real Estate Family Office and Private Wealth Management Forum (West), June 6-7 (IMN)

“IMN invites you to attend our 7th Annual Real Estate Family Office and Private Wealth Management Forum (West), June 6-7, in Dana Point, California… As the economy and the real estate investment climate has improved, family offices and private wealth managers are increasing their allocation and interest in investing in real estate. Be it direct investments, using private equity managers or the public markets there is a plethora of investment options that need to be considered and this deep dive into real estate by the IMN conference will meet all of your education and networking needs.”

Industry

IPA Board of Directors announces Tony Chereso’s departure as President and CEO (IPA)

“It is with a bittersweet mix of emotions that the Board of Directors announce Tony Chereso’s departure as president and chief executive officer of the Institute of Portfolio Alternatives and the start of a search for our association’s next leader. We are beyond grateful for Tony’s dedication and the untold hours he has devoted to advancing our industry. We wish him the best of luck in his new endeavor as the Chief Financial Officer of The Inland Real Estate Group LLC.”

Plus: Inland Names Anthony Chereso as Chief Financial Officer (Business Wire)

Investment Strategy

Wealthy Investors Pile Into Private Equity to Escape Stock Volatility (WSJ)

“Private-fund managers say inflows of money from wealthy individual investors have increased this year, and asset managers expect the trend to continue as higher interest rates and inflation weigh on publicly traded assets… With the S&P 500 down about 17% and U.S. aggregate bond indexes falling about 8% this year through May 25, stock and bond mutual funds have begun seeing outflows of tens of billions of dollars a week, according to data from the Investment Company Institute, the main lobbying group for fund managers.”

Macro

Opinion: Joe Biden: My Plan for Fighting Inflation (WSJ)

“In January 2021, when I took office, the recovery had stalled and Covid was out of control. In less than a year and a half, my administration’s economic and vaccination plans helped achieve the most robust recovery in modern history. The job market is the strongest since the post-World War II era, with 8.3 million new jobs, the fastest decline in unemployment on record, and millions of Americans getting jobs with better pay.”

Plus: Opinion: Joe Biden’s Train-Wreck Economy (WSJ)

Markets / Products

Non-Traded REITs Continue to Grab Record Capital Inflows (WealthManagement.com)

“The non-traded REIT sector is on a blistering pace of fundraising. Capital inflows hit a record high of $36.5 billion last year, which is more than triple the $10.9 billion in capital raised in 2020, according to data from Robert A. Stanger & Co. Inc. The investment banking firm is forecasting an even bigger year ahead, and the market is off to a strong with $12.2 billion in capital raised during first quarter.”

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