Allura Capital Announces Partnership to Form a Real Estate Investment Firm Focused on the Needs of the Individual Investor
Allura Capital LLC (“Allura”), which provides venture and growth capital to early-stage companies, has announced the formation of a partnership with Targeted Real Estate Equities LLC (“Targeted”) and Holly Pond Capital LLC (“Holly Pond”) to provide attractive real estate investment opportunities to high-net-worth individuals (“HNWI”).
- Allura Capital LLC (“Allura”), which provides venture and growth capital to early-stage companies, has announced the formation of a partnership with Targeted Real Estate Equities LLC (“Targeted”) and Holly Pond Capital LLC (“Holly Pond”) to provide attractive real estate investment opportunities to high-net-worth individuals (“HNWI”).
- The new entity, The Valorem Group LLC (“Valorem”), will sponsor a series of private equity real estate funds targeted to accredited individual investors seeking to diversify their investment portfolios by adding real estate as an asset class.
- The customary individual offerings are not properly diversified geographically, are single asset syndications, and/or carry high fees,” offered Brian Jarmain of Holly Pond Capital.
- Marcum King, Managing Director at Allura, stated, “Real estate has always been an area we found compelling and sought to expand into.