AltsWire

For more than 12 years, The DI Wire has been the trusted source for independent news and analysis for financial professionals who sponsor, distribute or invest in illiquid and semi-liquid alternative investments. During this time, the industry has evolved exponentially, and to better reflect this dynamic evolution, we are excited to announce our new name: The DI Wire is now AltsWire. AltsWire Spotlight Marketing Communications Damon Elder #InsightsFromthePublisher #DamonElder #alternativeinvestments #alts #industry #rebrand #AltsWire #news #analysis #evolution #audience #landscape #realestateinvestmenttrust #Delawarestatutorytrust #1031exchange #businessdevelopmentcompany #privateequity #REIT #DST #BDC

1776ing, a cutting-edge financial technology platform for alternative investments, and Vistra, a leading provider of essential business services that help organizations to invest and grow efficiently and compliantly across the world, have launched a strategic partnership to streamline investor data transfer through direct digital connectivity. 1776ing VISTRA Sean O'Toole Ellie King Chuck Youngman Amit Michaeli #sponsored #1776ing #alternativeinvestments #efficiency #compliance #technology #datatransfer #partnership #serviceprovider #STARXMS #processing #scalability #PhoenixAmerican

Walton Global, an Arizona-based real estate investment and land asset management company and sponsor of private placement investments, announced the Phase 2 and Phase 3 sale coming out of the nearly 90-acre Westphalia Town Center Master Plan in Upper Marlboro, Md. This land was sold to D.R. Horton and according to Walton Global, represents a crucial advancement in bringing Westphalia Town Center to completion to support Prince George’s County’s growing economy. Walton Global Bill Doherty PAUL BAE Dwayne Hill #WaltonGlobal #masterplannedcommunity #residential #alternativeinvestments #development #DST #landassets #sale #disposition #Maryland #WashingtonDC

The Financial Industry Regulatory Authority recently announced that a former general securities representative with J.P. Morgan Securities LLC has been barred from associating with any FINRA member in all capacities for cheating on the North American Securities Administrators Association, or NASAA, Series 66 Uniform Combined State Law Examination. #alternativeinvestments #brokerdealer #RIA #FINRA #financialservices #registeredinvestmentadviser #JPMorgan #WilliamSlattery #Slattery #cheat #Series66 #examination

The total net asset value for Fortress Credit Realty Income Trust – non-traded perpetual-life real estate investment trust – increased by a whopping 44.6% month-over-month, from approximately 231.2 million on Dec. 31, 2024, to approximately 334.2 million on Jan 31, 2025. Fortress Investment Group Drew McKnight Joshua Pack Jack Neumark #FortressCreditRealtyIncomeTrust #realestateinvestmenttrust #REIT #alternativeinvestments #NAV #netassetvalue #distribution #loan #realestate #multifamily #hospitality #industrial

BlueGate, an affiliate of Madison Capital Group, has promoted Neil Dyer to president as the company continues expanding its portfolio of storage properties for boat and RV owners nationwide. Previously serving as vice president of acquisitions and development, Madison said Dyer has been instrumental in executing and launching BlueGate’s platform, which now operates across six states. Madison Capital Group Holdings, LLC BlueGate Go Store It Self-Storage Neil Dyer Ryan Hanks JC Reed #MadisonCapitalGroup #BlueGate #president #promotion #boatstorage #RVstorage #expansion #growth #CBRE #realestate #Arizona #Florida #NorthCarolina #Tennessee #Texas #Virginia #Southeast

Realta Equities, a mid-sized independent broker-dealer and affiliate of Realta Wealth, announced the appointment of Elizabeth “Liz” Legacy as the firm’s interim chief executive officer. Legacy had served as the chief compliance officer of Realta Wealth since July 2024. Realta Wealth LPL Financial Commonwealth Financial Network Liz Legacy, CRCP?, CSCP? Tim Bowman, CPA Abbey Eastham #alternativeinvestments #RIA #brokerdealer #registeredinvestmentadviser #Realta #RealtaEquities #RealtaWealth #CEO #CoastalOne #Coastal #CoastalEquities #rebrand #leadership

In November, the U.S. Securities and Exchange Commission issued a risk alert for fund managers that highlighted some deficiencies and weaknesses in its examinations of funds over the past four years. Many new entrants have joined the registered fund space in recent years, especially as private fund managers – including many who include illiquid securities among their investments – have sought to serve wider audiences. UMB Bank Maureen Quill Doug Hess John Weasler #guestcontributor #40Act #registeredfund #SEC #SecuritiesandExchangeCommission #UMBFundServices #UMB #privatefund #illiquidsecurities #intervalfund #tenderofferfund #infrastructure #compliance #tax #custodian #alternative #investments

Financial advisers Jim Murray, Larry Bernstein, Abby Goldstein, CFP, Michael Kazmer, CFP, Brett Goldberg, and Wesley Wong of Townsgate Wealth Management have joined LPL Financial’s broker-dealer, registered investment adviser and custodial platforms. They reported serving approximately $1.15 billion in advisory, brokerage, and retirement assets and join LPL from Wells Fargo Advisors Financial Network.? ? LPL Financial Wells Fargo Advisors James Murray Larry Bernstein Michael Kazmer Wesley Wong Sarah Levi-Sickman Scott Posner #LPLFinancial #LPL #brokerdealer #RIA #registeredinvestmentadviser #California #WellsFargoAdvisors #TownsgateWealthManagement #wealthmanagement #financialservices #retirement #portfoliomanagement

During a Feb. 26, 2025, congressional hearing – The Future of American Capital: Strengthening Public and Private Markets by Increasing Investor Access and Facilitating Capital Formation – the U.S. House Financial Services Subcommittee discussed the rationale for the importance of expanding the accredited investor definition and the Accredited Investor Definition Review Act, sponsored by Republican Congressman Bill Huizenga (R-Mich). Institute for Portfolio Alternatives Anya Coverman Patrick McGowan Megan Gavin #SEC #congressionalhearing #accreditedinvestor #definition #IPA #InstituteforPortfolioAlternatives #InvestorChoiceAdvocatesNetwork #legislation #bill #petition #access #capitalmarkets #networth #privatemarket