"With regard to our US partners, we extensively researched the specialist managers in this field and we believed Riverstone provided an excellent fit to our requirements," Equiti Capital director Linden Toll said.
"Their experience, reach and focus on compliance and transparency means that we have every confidence that they will manage our assets to perform at the highest level."
One of the driving factors in launching the US Multifamily Property Fund in Australia is the growing demand from local investors for US property. Through the launch of the fund, Equiti is looking to provide a less risky avenue for this type of investment to take place.
The minimum investment amount for the Equiti Capital US Multifamily Property Fund is $10,000 and it is open to investors now.
