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Benjamin Wells Quoted in FundFire on Private Placement Products
03.28.24
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Partner Benjamin Wells was quoted in a FundFire article titled, “An 8% Ceiling: Investor Allocation Limits Loom over REIT, BDC Markets,” which detailed how more managers are delivering semi-liquid alternatives to advisors through private placement offerings, aiming to provide alternate solutions as concentration limits from state regulators become more prominent. Ben noted that private placement offerings have changed the product-launching formula and explained that “It’s very attractive now to do a private placement REIT the way the market is today.” He added that, as state concentration limits are on managers’ radar, “People have become more acutely aware of that 8% or 10% limitation.”
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