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ACORE CAPITAL Launches Wealth Platform, Names Mick Manning President

Original source: AltsWire Source published

ACORE CAPITAL has created a wealth distribution platform led by Mick Manning, formerly of Bridge Investment Group. ACORE CAPITAL Wealth Solutions plans to bring real estate credit and selected equity strategies to financial advisers and their high-net-worth clients, including strategies using 1031 and 721 exchange structures, AltsWire reports.

The company has not disclosed individual offerings' terms, timing or regulatory status. It also has not finalized a third-party dealer-manager arrangement. ACORE expects to assemble regional sales and operations teams by year-end and says its existing investment staff will serve both wealth and institutional channels, with opportunities allocated among eligible vehicles on a rotational basis.

Read the original at AltsWire

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