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

Pacific Oak Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust formerly known as KBS Strategic Opportunity REIT Inc., reported this month that its operating partnership had entered into a loan agreement for $8 million from Pacific Oak Capital Advisors LLC. The loan matures in May 2025, and bears interest at a 12% annual rate. Pacific Oak Capital Advisors KBS #alternativeinvestments #realestateinvestmenttrust #REIT #PacificOakStrategicOpportunityREIT #KBSStrategicOpportunityREIT #loan #adviser #PacificOakCapitalAdvisor #disposition #refinancing #debt

Arch – a digital alternative investment management platform modernizing workflows, data standardization, and portfolio insights – announced a strategic partnership with RSM US LLP, i.e., RSM, a provider of assurance, tax, and consulting services for middle-market companies. Arch Ryan Eisenman RSM Jason Trigg Joel Stein Matt Bradvica #alternativeinvestments #partnership #technology #tech #AI #Arch #RSM #tax #consultingservice #familyoffice #RIA #registeredinvestmentadviser #brokerdealer #datamanagementplatform #workflow #efficiency #privatemarkets #digitalplatform

InCommercial Capital Corporation has announced the launch of InCommercial Motor Fuel Fund IV LLC, a fund aiming to raise $75 million from investors seeking tax advantages through leveraged bonus depreciation. ? InCommercial, Inc Erik Conrad Andrew Haleen Dan Mercer JoAnn Saguto #alternativeinvestments #InCommercial #InCommericalPropertyGroup #JCCCapitalMarkets #MotorFuelFund #brokerdealer #RIA #registeredinvestmentadviser #offering #capitalraise #Houston #Texas

A federal court has upheld the convictions of David Gentile and Jeffry Schneider, who were found guilty of securities fraud, conspiracy to commit securities fraud, and wire fraud on Aug. 1, 2024. #alternativeinvestments #securitiesfraud #Gentile #Schneider #brokerdealer #SecuritiesandExchangeCommission #SEC #conspiracy #wirefraud #federalcourt #GPBCapitalHoldings #Ponzi #acquittal #GPB

Indianapolis-based Thompson Thrift, a full-service real estate company, announced the closing of Thompson Thrift 2025 Multifamily Development, LP. The limited partnership offering raised more than $255 million in total capital commitments, surpassing the original goal of $230 million. The company said the funds will be utilized to develop a portfolio of geographically diverse, Class A multifamily real estate communities. Thompson Thrift Paul Thrift Carrie Thrift LaFay Dan Sink Aimee O'Connor, CPM #realestate #ThompsonThrift #alternativeinvestments #multifamily #multifamilydevelopmentfund #Colorado #Florida #Georgia #Indiana #Kansas #limitedpartnership #capitalraise #fullysubscribed #limitedpartnership

Communications data and intelligence firm Smarsh has launched the Smarsh AI Assistant for its compliance archiving platform, Professional Archive. Smarsh Sheldon Cummings Maya Keekattil #alternativeinvestments #AI #artificialintelligence #Smarsh #compliance #RIA #registeredinvestmentadviser #brokerdealer #financialadviser #financialservices #ProfessionalArchive #oversight #monitoring #efficiency

Waveland Capital Partners LLC, a subsidiary of Waveland Capital Group LLC, has appointed Adam Dooley as president. In this role, the firm said that Dooley will oversee Waveland’s capital formation platform, lead the firm’s continued expansion in the private wealth management sector, and strengthen its institutional investment partnerships. Waveland Energy Michael Greer Adam Dooley #Waveland #WavelandCapitalPartners #president #privatewealth #capitalformation #partnerships #financialservices #privateequity #BelayInternationalCorporation #hire

Bluerock Value Exchange, a national sponsor of 1031 exchange and Delaware statutory trust investment programs, has launched its latest 1031 exchange DST offering known as BR Diversified Industrial Portfolio V, DST, which is seeking to raise approximately?$36.7 million?from accredited investors. Bluerock Josh Hoffman Jeffrey S. Schwaber Emily Calcagno, CIMA #BluerockValueExchange #DST #1031exchange #Delawarestatutorytrust #Sunbelt #industrial #equity #warehouse #distribution #investors #cash #launch

Blue Owl, an alternative asset manager with more than $250 billion in assets under management as of Dec. 31, 2024, has filed a registration statement with the U.S. Securities and Exchange Commission for its first interval fund, Blue Owl Alternative Credit Fund. Blue Owl Capital #BlueOwl #SEC #SecuritiesandExchangeCommission #registration #intervalfund #tenderofferfund #BlueOwlAlternativeCreditFund #alternativeinvestments #privatedebt #privatecredit #alternativecredit #privateoffering