DALLAS, Oct. 14, 2015 /PRNewswire/ -- Provasi Capital Partners LP is pleased to announce that Vertical Capital Income Fund (VCAPX, the "Fund") has joined the company's distribution platform. The Fund—a continuously offered, diversified, closed-end interval fund—invests in income-producing notes secured by residential real estate.
"We are very pleased to provide financial advisors and their clients with access to Vertical Capital Income Fund, which we see as a valuable strategy for portfolio diversification," said Frank Muller, CEO and President of Provasi Capital Partners. "The Fund's long-term strategy is consistent with the types of products offered on our platform—strategies that we believe make a difference to investors."
Earlier this year, the Fund's Board of Trustees selected Behringer Advisors, LLC to serve as interim adviser due to the firm's significant experience in real estate investing and portfolio management. Shareholders must vote to confirm the Board's decision on or before November 15, 2015.
"We are very enthusiastic to announce that the Fund will be distributed by Provasi Capital Partners," said Robert Chapman, Chairman of Behringer Advisors. "By leveraging the size and strength of its advisor network, we believe the Fund will reach a large audience and will bring value to investor portfolios."
About Provasi Capital Partners
Provasi Capital Partners LP offers access to specialized investment strategies through a multi-manager approach presenting advisors and their clients with unique options for allocating capital, managing risk and diversifying assets. For more information, call 866.655.3600 or visit provasicapital.com.
Jonathan Ball |
David Nesmith |
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Provasi Capital Partners |
Richards Partners |
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972.387.5403 |
214.891.2864 |
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SOURCE Provasi Capital Partners LP
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