Sterling Global Financial Limited, a global asset management firm, together with iCapital announced its expansion into the U.S. wealth management market with a Sterling sponsored investment offering.
Sterling Global Funds will be available on iCapital Marketplace, offering enhanced distribution, access, diligence, and analytics capabilities for wealth managers, independent advisors, and their clients – all in one place
January 24, 2024 – Sterling Global Financial, a global asset management firm specializing in real estate investment funds, real estate development, property management, and banking, together with iCapital, the global fintech platform empowering the asset and wealth management industry with an industry-leading alternative investment experience, today announced the entry of a Sterling-sponsored investment offering, now available on iCapital marketplace for the U.S. wealth management market.
United States investors now have access to a unique private real estate credit fund, with a track record of over 11 years of proven returns for investors, focused on capital preservation, consistent high-quality income, and the alignment of management interests with investors. The Sterling Real Estate Credit Fund LP (SCRED) focuses on senior and junior bridge type debt offerings to seasoned developers and commercial and residential property owners, with a sector focus on marinas, hospitality, multi-family, residential, and mixed-use projects.
Sterling Global Financial’s CEO, Stephen Tiller, expressed enthusiasm about the partnership with iCapital, stating, “Sterling is excited about the partnership with iCapital to bring our unique offering to U.S. Investors after over a decade of strong and consistent performance to Canadian and Global Investors. Sterling is foremost a real estate operating company with a broad and deep leadership group with extensive experience across the financial and real estate industry.”
Adding to the sentiment, “We are excited to partner with Sterling, and to help strategically support the launch of their first U.S. fund on the iCapital Marketplace” said Lawrence Calcano, Chairman and CEO of iCapital. “Income generating real estate funds are an important alternative investment asset class, and we are pleased to provide enhanced access to this fund with the robust suite of technology capabilities that wealth managers demand in managing their client portfolios.”
Those interested in learning more about the iCapital fund should contact their investment adviser.
About Sterling Global Financial:
Sterling Global Financial Group, a global alternative asset manager founded by Executive Chairman, David Kosoy, has over 50 years of experience, focuses on real estate, infrastructure, and financial services. The firm offers a range of services such as private banking, investment management, trust services, and more, positioning itself as a leader in the industry through its commitment to excellence and innovation. US investors can find more information at www.scredus.com
Sterling Real Estate Credit Fund (SCRED)
Phone: +1 242 677-1900 . Email: firstname.lastname@example.org