October Private Placement Industry Insights

Friday, November 8th, 2019 and is filed under AI Insight News

We recently released our October Private Placement Insights. Highlights from the report include:

  • October private placement activity picked up after a slow September, primarily in the 1031 category.
  • Our overall private placement coverage is up year-over-year in terms of new fund coverage and aggregate target raise, led primarily by 1031s and Opportunity Zones, while most other categories remain below last year’s levels.
  • Our coverage of hedge funds and managed futures has not expanded in 2019. We discussed this in our September Private Placements podcast. We believe the minimal activity in the hedging and futures space can be attributable to a few factors. One is that funds and fund-of-funds used by many retail firms tend to be larger with a perpetual life that have been around for many years and used as needed. Allocations to hedging and futures strategies also tend to be smaller in the retail channel than the institutional side, so fewer options are available and many use liquid alternatives for these allocations, where we have seen a lot of growth and increased coverage in recent years. Additionally, the strong equity market over the last decade has minimized the focus on hedging and futures strategies.
  • As of November 1st, AI Insight covers 171 private placements currently raising capital, with an aggregate target raise of $16.2 billion and an aggregate reported raise of $7.6 billion or 46.9% of target. This includes the 147 private placements added to our coverage in 2019.
  • As of November 1st, 111 private placements have closed year-to-date which raised approximately 86% of their target raise. While there are still two months remaining, funds this year have come closer to their targets than last year, when the 160 private placements that closed in FY 2018 raised approximately 63% of their target.

Access the full Private Placements report and other hard-to-find alts data

AI Insight’s Industry Reporting capabilities help you review alternative investment trends and historical market data for Private Placements, Non-Traded REITs, BDCs,  Closed-End Funds, and Alternative Mutual Funds. Receive up to 24 extensive reports per year to help broaden your alternative investment reviews.

Log in or subscribe to AI Insight to further research, sort, compare, and analyze all of the private and public funds in our coverage universe. See who’s new in the industry and what trends are impacting the alts space.

_________________________________

Chart and data as of Oct. 31, 2019, based on programs activated on the AI Insight platform as of this date.

 Activated means the program and education module are live on the AI Insight platform. Subscribers can view and download data for the program and access the respective education module.

 On a subscription basis, AI Insight provides informational resources and training to financial professionals regarding alternative investment products and offerings. AI Insight is not affiliated with any issuer of such investments or associated in any manner with any offer or sale of such investments. The information above does not constitute an offer to sell any securities or represent an express or implied opinion on or endorsement of any specific alternative investment opportunity, offering or issuer. This report may not be shared, reproduced, duplicated, copied, sold, traded, resold or exploited for any purpose. Copyright © 2019 AI Insight. All Rights Reserved.

Transition your advisor practice from typical to exceptional

Saturday, October 19th, 2019 and is filed under AI Insight News

Put your focus on non-delegable tasks and pass on the rest to help you create a leading advisory practice.    

A typical financial advisor works an average of 43 hours per week, yet spends only 19% of their time meeting with clients according to a recent study conducted by Kitces.com. The study shows that only an additional 17% of time is spent on prospecting, leaving a significant gap of time spent on tasks that they should consider delegating to help improve their business results.

 

What should my practice look like?

The 80/15/5 Rule For Financial Advisors by Forbes suggests the Kitces study is a “wake-up call” for advisors noting that their practice should be treated as any small business. To increase the potential for success, an advisor should focus 80% of their time on their expertise – meeting with clients and prospecting. For the remaining time, they suggested that advisors focus 15% on “learning and expanding spheres of knowledge and influence, and 5% with staff or team-building”.

What efficiencies can help improve my practice?

The Kitces study calls out that “a combination of technology and delegation of tasks” outside of an advisor’s expertise such as administration, human resources, marketing and meeting preparation can help an advisor transition to spending a much larger percentage of time face-to-face with clients.

The Forbes article notes that while there are additional costs incurred with outsourcing, the cost is actually greater when the advisor spends time doing delegable tasks rather than leaving it to an expert or creating efficiencies using technology tools.

3 steps to start your advisory practice transition

  • Make a list of your recurring tasks that could be delegated such as calling to set appointments, posting on social media to promote your business, investment research, or inputting data for your financial plans.
  • Gather references to connect with people who have expertise to help fill your gaps, such as a freelance marketer or a financial support professional.
  • Look at tasks that can be done more efficiently through technology such as managing clients with a reliable CRM or implementing financial planning software.

If you’re working with alternative investments, consider using the AI Insight platform to research hundreds of alternative investments and efficiently conduct side-by-side feature comparisons to help you source products. AI Insight currently covers over 200 non-traded alternative investment funds representing $33 billion in assets, and over 80 alternative strategy mutual funds, representing nearly 80% of the AUM of the alternative strategy mutual fund market.

September Private Placement Insights

Monday, October 14th, 2019 and is filed under AI Insight News

We recently released our September Private Placement Insights. Highlights from the report include:

  • September private placement fund formation was the slowest of the year, coming off of a strong August.
  • Given the slower pace in September, our private placement coverage is essentially flat year-over-year, with all categories down in terms of new fund coverage and target raise except 1031 exchanges and Opportunity Zone funds.
  • As of September 30th, AI Insight covers 155 private placements that are currently raising capital, with an aggregate target raise of $15.9 billion and an aggregate reported raise of $7.7 billion or 51.5% of target. This includes the 120 private placements added to our coverage in 2019.
  • As of September 30th, 87 private placements have closed year-to-date which raised approximately 92% of their target raise, compared to 160 private placements that closed in FY 2018 which raised approximately 63% of their target.

 

 

 

 

 

 

 

 

 

 

 

 

Log in or subscribe to AI Insight to further research, sort, compare, and analyze all of the private and public funds in our coverage universe. See who’s new in the industry and what trends are impacting the alts space.

AI Insight’s Industry Reporting capabilities help you review alternative investment trends and historical market data for Private Placements, Non-Traded REITs, BDCs,  Closed-End Funds, and Alternative Mutual Funds. Receive up to 24 extensive reports per year to help broaden your alternative investment reviews. Click here to request a sample report.

Watch this tour or request a live demo of AI Insight’s expansive Industry Reports customized to your business needs. 

_________________________________

Chart and data as of Sept. 30, 2019, based on programs activated on the AI Insight platform as of this date.

Activated means the program and education module are live on the AI Insight platform. Subscribers can view and download data for the program and access the respective education module.

On a subscription basis, AI Insight provides informational resources and training to financial professionals regarding alternative investment products and offerings. AI Insight is not affiliated with any issuer of such investments or associated in any manner with any offer or sale of such investments. The information above does not constitute an offer to sell any securities or represent an express or implied opinion on or endorsement of any specific alternative investment opportunity, offering or issuer. This report may not be shared, reproduced, duplicated, copied, sold, traded, resold or exploited for any purpose. Copyright © 2019 AI Insight. All Rights Reserved.

August Private Placement Insights

Wednesday, September 18th, 2019 and is filed under AI Insight News

We recently released our August Private Placement Insights. Highlights from the report include:

  • As of August 31st, AI Insight covers 164 private placements that are currently raising capital, with an aggregate target raise of $11.5 billion and an aggregate reported raise of $7.3 billion. This includes the 114 private placement funds added to our coverage in 2019.
  • 1031 exchanges continue to expand. This is understandable given the long-term run in commercial real estate prices, as investors look to capture gains and defer taxes.
  • There were 10 new 1031s added to our coverage in August, with an aggregate target raise of $339.4 million. This is higher than the prior month, and the category remains ahead YoY in terms of new fund formations and aggregate target raise.

Log in or subscribe to AI Insight to further research, sort, compare, and analyze all of the private and public funds in our coverage universe. See who’s new in the industry and what trends are impacting the alts space.

AI Insight’s Industry Reporting capabilities help you review alternative investment trends and historical market data for Private Placements, Non-Traded REITs, BDCs,  Closed-End Funds, and Alternative Mutual Funds. Receive up to 24 extensive reports per year to help broaden your alternative investment reviews. Click here to request a sample report.

Watch this tour or request a live demo of AI Insight’s expansive Industry Reports customized to your business needs. 

_________________________________

Chart and data as of August 31, 2019, based on programs activated on the AI Insight platform as of this date.

 Activated means the program and education module are live on the AI Insight platform. Subscribers can view and download data for the program and access the respective education module.

 On a subscription basis, AI Insight provides informational resources and training to financial professionals regarding alternative investment products and offerings. AI Insight is not affiliated with any issuer of such investments or associated in any manner with any offer or sale of such investments. The information above does not constitute an offer to sell any securities or represent an express or implied opinion on or endorsement of any specific alternative investment opportunity, offering or issuer. This report may not be shared, reproduced, duplicated, copied, sold, traded, resold or exploited for any purpose. Copyright © 2019 AI Insight. All Rights Reserved.

Are you prepared for a market correction?

Monday, August 19th, 2019 and is filed under AI Insight News

Have you recently reviewed your policies and procedures around Alternative Mutual Funds? Use the resources below to help your advisors better understand your firm’s best practices. It’s always best to address areas for improvement prior to market corrections, which seem to highlight such deficiencies.

How would you answer the following questions?

  1. Does your firm approve all fund company mutual funds?
  2. Is your firm performing the additional due diligence needed based on continued regulatory guidance?
  3. Does your firm have an efficient solution to establish and enforce best practices?

Related Regulatory References

Watch the video and view this checklist to learn more.

 

 

 

 

 

 

July Private Placement Industry Insights

Thursday, August 15th, 2019 and is filed under AI Insight News

We recently released our July Private Placement Insights. Highlights from the report include:

  • AI Insight added 14 new private placements added to our coverage in July.
  • This included one new Conservation Easement, the first one added this year.
  • This niche strategy is down for the year, along with energy and preferred offerings strategies.
  • Conservation Easements have been in somewhat of a hold period due to heightened IRS scrutiny of the appraisal methods used to calculate deductions, as well as the uncertainty over the allegations against one of the industry’s largest sponsors.
  • ON DECK: As of August 8th, there is one more conservation easement program coming soon, offered by the same sponsor as the first.

Log in or subscribe to AI Insight to further research, sort, compare, and analyze all of the private and public funds in our coverage universe. See who’s new in the industry and what trends are impacting the alts space.

AI Insight’s Industry Reporting capabilities help you review alternative investment trends and historical market data for Private Placements, Non-Traded REITs, BDCs,  Closed-End Funds, and Alternative Mutual Funds. Receive up to 24 extensive reports per year to help broaden your alternative investment reviews. Click here to request a sample report.

Watch this tour or request a live demo of AI Insight’s expansive Industry Reports customized to your business needs. 

_________________________________

Chart and data as of July 31, 2019, based on programs activated on the AI Insight platform as of this date.

Activated means the program and education module are live on the AI Insight platform. Subscribers can view and download data for the program and access the respective education module.

On a subscription basis, AI Insight provides informational resources and training to financial professionals regarding alternative investment products and offerings. AI Insight is not affiliated with any issuer of such investments or associated in any manner with any offer or sale of such investments. The information above does not constitute an offer to sell any securities or represent an express or implied opinion on or endorsement of any specific alternative investment opportunity, offering or issuer. This report may not be shared, reproduced, duplicated, copied, sold, traded, resold or exploited for any purpose. Copyright © 2019 AI Insight. All Rights Reserved.

June Private Placement Industry Insights

Tuesday, July 16th, 2019 and is filed under AI Insight News

We recently released our June Private Placement Insights.  AI Insight currently covers 154 private funds that are raising capital, representing over $5 billion in capital raise/AUM. This includes 14 new private placements added to our coverage in June. Highlights from the report include:

  • 2019 fund formation overall is on par with 2018. Target raise is lower = smaller average fund size.
  • Real estate funds continue to dominate the private placement space.
  • 43 new 1031 exchanges and 21 new non-1031 real estate funds have been added to our coverage in 2019.
  • 8 qualified opportunity zone funds have been added in 2019 with more coming soon. However, raise is slow, with the funds reporting an aggregate raise of 11.9% of target.
  • Other niche strategies (energy, conservation easements, preferred offerings) are down for the year.

Log in or subscribe to AI Insight to further research, sort, compare, and analyze all of the private and public funds in our coverage universe. See who’s new in the industry and what trends are impacting the alts space.

AI Insight’s Industry Reporting capabilities help you review alternative investment trends and historical market data for Private Placements, Non-Traded REITs, BDCs,  Closed-End Funds, and Alternative Mutual Funds. Receive up to 24 extensive reports per year to help broaden your alternative investment reviews.

Watch this tour or request a live demo of AI Insight’s expansive Industry Reports customized to your business needs. 

_________________________________

Chart and data as of June 30, 2019, based on programs activated on the AI Insight platform as of this date.

 Activated means the program and education module are live on the AI Insight platform. Subscribers can view and download data for the program and access the respective education module.

 On a subscription basis, AI Insight provides informational resources and training to financial professionals regarding alternative investment products and offerings. AI Insight is not affiliated with any issuer of such investments or associated in any manner with any offer or sale of such investments. The information above does not constitute an offer to sell any securities or represent an express or implied opinion on or endorsement of any specific alternative investment opportunity, offering or issuer. This report may not be shared, reproduced, duplicated, copied, sold, traded, resold or exploited for any purpose. Copyright © 2019 AI Insight. All Rights Reserved.

2018 By The Numbers

Friday, June 14th, 2019 and is filed under AI Insight News

AI Insight is a platinum sponsor of Real Assets AdviserRead the articles contributed by our staff in this month’s issue:

  • 2018 by the numbers: A performance review of non-traded REITs in the year past“, by Laura Sexton, who serves on the magazine’s Editorial Advisory Board.
  • Alt funds: Tepid numbers but low volatility“, by Lou Johnson, CFA, covers alternative mutual fund performance and reporting.

Real Assets Adviser is a monthly publication dedicated to providing actionable information on the real assets class to the broader private wealth community.

  • Log in to your Real Assets Adviser account to view the June issue.
  • Not a subscriber? Sign up for your free 1-, 2- or 3-year subscription to Real Assets Adviser.

May Alternative Investment Industry Insights

Friday, June 7th, 2019 and is filed under AI Insight News

AI Insight recently added Industry Reporting capabilities to help you review alternative investment trends and historical market data for Private Placements, Non-Traded REITs, BDCs, and Closed-End Funds, and Alternative Mutual Funds. You can receive up to 24 extensive reports per year to help broaden your alternative investment reviews. Read an overview of AI Insight’s expansive coverage as of May 31, 2019:

  • AI Insight currently covers 145 private funds that are raising capital, representing just over $5 billion in capital raise/AUM. This includes 20 new funds added to our coverage in May, which was a significant month in terms of new fund formation.
  • Five new opportunity zone funds have been added to our coverage YTD, including two in May, for an aggregate target raise of $640.0 million. Target raise ranges from $30 million to $275 million.
  • Geographic focus ranges from specifically Maryland to the broader United States. Two funds are blind pool funds focused on hospitality, one is a blind pool fund focused on multifamily, and two are focused on specific mixed-use development projects.

Log in or subscribe to AI Insight to further research, sort, compare, and analyze all of the private and public funds in our coverage universe. Plus, you can view more stats on other private placement categories and access Excel charts of this data.

Watch this tour or request a live demo of AI Insight’s expansive Industry Reports customized to your business needs. 

 

_________________________________

Data as of May 31, 2019, based on programs activated on the AI Insight platform as of this date.

Activated means the program and education module are live on the AI Insight platform. Subscribers can view and download data for the program and access the respective education module.

On a subscription basis, AI Insight provides informational resources and training to financial professionals regarding alternative investment products and offerings. AI Insight is not affiliated with any issuer of such investments or associated in any manner with any offer or sale of such investments. The information above does not constitute an offer to sell any securities or represent an express or implied opinion on or endorsement of any specific alternative investment opportunity, offering or issuer. This report may not be shared, reproduced, duplicated, copied, sold, traded, resold or exploited for any purpose. Copyright © 2019 AI Insight. All Rights Reserved.

How are you evaluating Alternative Mutual Funds?

Tuesday, May 28th, 2019 and is filed under AI Insight News

Improve your research process using AI Insight’s Alternative Mutual Fund Research capabilities. Our alternatives-centric strategy provides comprehensive information covering investment methods to help you apply liquid alternatives in your practice. Watch a short tour

  • Conduct Research: Use reports to research quantitative and qualitative data including fund
    company, strategy and investment advisor overviews.
  • Understand Fund Strategies: Research strategies including managed futures, long-short, market
    neutral and alternative allocation.
  • Track Performance: Stay current with performance using portfolio-oriented peer groups and
    strategy-based benchmarks for comparison insight.
  • Grow Your Business: Use tools to expand your knowledge and track your due diligence efforts
    to more confidently identify and apply alternative investment solutions.