LaSalle Investment Management had recently launched an alternative closed end vehicle on Artivest’s alternatives digital investment platform a few days ago. And now, the leading real estate manager has made yet another announcement about a collaboration this week where it has added more private programs on the Open Network digital platform of Artivest.
The new partnership lets LaSalle increase its reach in the retail market by providing privately placed United States value added real estate investment strategy to the high net worth investors as well as advisors.
The advisors would now be able to log in the Artivest digital platform as an affiliated or direct client via another group. Then, they can choose any one of the several LaSalle private investment programs via a closed-ended fund.
According to Artivest CEO and Founder, James Waldinger, the company aims at becoming a centralised utility platform for the entire industry.
Notably, Artivest partnered with Altegris in 2018, a move which was extremely transformational for both the companies according to Waldinger as it merged Artivest’ technology along with the Altegris’ group of funds together in the research as well as alternatives area.
Though the collaboration with LaSalle is not the first foray of Artivest in the real estate market, it still adds more depth to the digital platform which also provides funds via Nuveen, BlackRock as well as Pimco.