LANGLEY, BC, Aug. 4, 2017 /CNW/ - Capstone Asset Management has announced the upcoming launch of its new non-traditional equity fund, the Capstone Real Estate Pool.
The Capstone Real Estate Pool is an equity fund focused on residential property development in North America. The pool will provide an opportunity for investors to access a diversified portfolio of residential real estate projects where the typical barriers to entry are significant. The launch of this pool is coming at a time when the inclusion of non-traditional assets within portfolios continues to increase in importance to ensure a properly balanced mix of investments.
In this strategy Capstone has effectively partnered with an established real estate developer, Genica Capital, who has over 20 years of experience in adding value to real estate projects. Through this partnership Capstone is ensuring that the duties of the portfolio manager and project manager are separated, allowing for enhanced due diligence, risk mitigation, and focused expertise.
Capstone is currently receiving commitments of interest, from accredited investors, with a minimum investment of $250,000. The pool is expected to launch in September 2017.
About Capstone Asset Management
Established in 2004 and headquartered in Langley, British Columbia, Capstone Asset Management serves a broad client base including private clients, foundations and institutions. Through its Pooled Funds and Limited Partnerships, Capstone provides investors with effective diversification by offering a broad array of investments in both traditional and non-traditional markets. Capstone Asset Management Inc. is a Portfolio Manager, Investment Funds Manager and Exempt Market Dealer serving clients in British Columbia, Alberta, Manitoba, Ontario, Quebec and internationally.
About Genica Capital
Based in Chilliwack, British Columbia, Genica is a developer of phased residential communities consisting of single family homes, row homes, and condominiums. Since inception in the early 1990's, Genica has consistently added value to real estate projects throughout the entire development process, including land assembly, zoning, civil development and residential construction. They have successfully completed many projects in Canada and the United States.
SOURCE Capstone Asset Management
For further information: Media Contact: Elyse Vroom, Business Development, T +1 604 546 1504