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Bluerock Capital Markets Selects SS&C to Service $1.2B Interval Fund

Bluerock Capital Markets Selects SS&C to Service $1.2B Interval Fund

Nationwide investment manager chooses ALPS to provide services to industry-leading Total Income + Real Estate Fund

PR Newswire

WINDSOR, Conn., Sept. 13, 2018 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced that Bluerock Capital Markets, LLC (Bluerock) appointed ALPS, recently acquired by SS&C, to provide services to Bluerock’s Total Income + Real Estate Fund (“TI+” tickers: TIPRX, TIPPX, TIPWX, TIPLX).

SS&C Technologies (PRNewsfoto/SS&C)


Bluerock Capital Markets is managing broker-dealer for Bluerock Real Estate, a leading alternative investment management firm. The fund is one of the industry’s fastest-growing interval funds, with nearly $1.2B assets under management. Services provided to the fund include full fund accounting, administration, distribution and compliance and transfer agency services.

“Since its October 2012 inception, TI+ has consistently delivered industry-leading returns while giving investors the ability to invest in institutional, private equity real estate previously inaccessible to them,” said Paul E. Dunn, Executive Vice President of Bluerock Capital Markets. “After months of due diligence to select a new provider to help scale the fund to the next level, we are thrilled to partner with ALPS to leverage their market expertise and cutting-edge services in a manner that best serves our investors.”

The selection of ALPS was based on the companies’ leadership in the interval fund market, and their deep understanding of the intricacies specific to an interval fund product’s quarterly tender offer process and daily security processing and valuation. Bluerock’s conversion enables the company to best meet investors’ needs by continuing to deliver TI+’s outstanding returns while scaling their business and launching new products.

“We are proud to be among the foremost full-service providers in the interval fund market, thanks to our knowledge of the intermediary requirements and unique characteristics required of these distinctive products,” commented Ned Burke, President of ALPS Advisors, Inc. “We are excited to work with Bluerock to service and scale a fund like TI+, with risk-adjusted returns that consistently beat the leading stock, bond and REIT indexes¹, in the increasingly competitive and ever-growing interval fund space.”

About Bluerock Capital Markets

Bluerock Capital Markets, LLC serves as the managing broker-dealer for Bluerock Real Estate, LLC and is a member of FINRA/SIPC. BRCM seeks to provide educational information related to real estate investment opportunities for financial advisors and their clients. BRCM distributes a broad range of real estate and real estate-related investment products exclusively through broker-dealers and investment professionals.

About Total Income+ Real Estate Fund

Bluerock’s The Total Income+ Real Estate Fund offers individual investors access to a portfolio of institutional real estate securities managed by top-ranked fund managers. The Fund seeks to provide a comprehensive real estate holding designed to provide a combination of current income, capital preservation, long-term capital appreciation and enhanced portfolio diversification with low to moderate volatility and low correlation to the broader equity and fixed income markets. The Fund utilizes an exclusive partnership with Mercer Investment Management, Inc., the world’s leading advisor to endowments, pension funds, sovereign wealth funds and family offices globally, with over 3,300 clients worldwide, and $11 trillion in assets under advisement.

¹ Indexes with respective Standard Deviations and Sharpe Ratios (inception through 3/31/2018): Stocks: S&P 500, 14.92%, 1.40; Bonds: Bloomberg Barclays U.S. Aggregate Bond Index, 3.76%, 0.54; REITs: MSCI U.S. REIT Index, 17.60%, 0.58; TI+ Fund: 1.96%, 5.88. TI+ Correlations (inception through 3/31/2018): Stocks: S&P 500, 0.33; Bonds: Bloomberg Barclays U.S. Aggregate Bond Index, 0.13; MSCI U.S. REIT Index, 0.48. There are limitations when comparing across various asset classes. Equities, fixed income, and real estate securities have significantly different risk and liquidity factors.

About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software for the global financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 13,000 financial services and healthcare organizations, from the world’s largest institutions to local firms, manage and account for their investments using SS&C’s products and services.

Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com. Follow SS&C on Twitter, LinkedIn and Facebook.

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SOURCE SS&C

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