Company Introduces New Flagship Fund, The DLP Housing Fund
DLP Capital Partners has clearly taken its place as an industry leader in wealth management. Recently, representatives from the investment company attended The 7th Annual Global Institutional Real Estate Investor Forum, hosted by Markets Group, an executive forum organizer with a track record of 400+ events in over 20 countries. The two-day event was held at The Union League Club in New York City.
The investor-focused event provides a due diligence forum for the US and international pension funds, foundations, endowments, fund of funds, family offices, wealth managers, consultants, and sovereign wealth funds interested in direct research on real estate opportunities.
The forum, which is the leading investor centric meeting for LPs investing in private markets, brings together 300+ investors, funds, and advisers to discuss sectors, due diligence, and real estate investment opportunities in the US and around the world.
Rich Delgado, Managing Director and Larry Hickernell, Senior Investment Success Manager, participated in several robust round table discussions, focused on presenting DLP Capital Partners’ newest investment opportunity, the DLP Housing Fund, a flagship $1 billion open-ended “evergreen” private real estate investment fund with a hybrid REIT subsidiary.
The Housing Fund allows maximization of liquidity with monthly distributions and above-market equity returns in a tax-advantaged evergreen hybrid REIT fund structure leveraging DLP’s proven direct residential real estate lending and equity strategies.
At the conclusion of the round table discussions, Delgado and Hickernell led over thirty independent meetings, all of which resulted in high enthusiasm for this new hybrid fund. Hickernell commented, “Attendees commented on the uniqueness of this specific fund because it gives the best of both worlds as far as cash flow and appreciation. It offers an appropriate piece to a client’s portfolio.”
Delgado added, “DLP Capital Partners’ proven track record of exceeding its double-digit targeted returns in every period for all of its funds without any losses ever has elevated DLP as a top-performing fund manager. With this, the eighth fund DLP is launching in the past decade, existing and prospective investors are eagerly awaiting the opportunity to invest our flagship hybrid, Housing Fund.”
DLP Capital Partners is now taking commitments for the Housing Fund, anticipating a launch in January 2020.