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CNL Founder Receives IPA Lifetime Achievement Award

CNL Financial Group founder and executive chairman James Seneff, Jr. has been awarded the Lifetime Achievement Award by the Institute for Portfolio Alternatives, a trade group representing the alternative direct investment industry.

CNL Financial Group founder and executive chairman James Seneff, Jr. has been awarded the Lifetime Achievement Award by the Institute for Portfolio Alternatives, a trade group representing the alternative direct investment industry. The award was presented at the IPAVision conference in Chicago.

Seneff started CNL in 1973 with a $5,000 loan from his father. His core business plan focused on anticipating and investing in overlooked opportunities while taking steps to protect the downside risk. Since its founding, CNL and its affiliates have formed or acquired companies with more than $34 billion in assets and raised more than $19 billion in private and public offerings through broker-dealers and institutional investors.

Over the last 45 years, CNL has launched private placements and non-traded investments including public partnerships, real estate investment trusts, business development companies, and private capital funds. The company recently launched a new private capital fund focused on investing in the debt and equity of private businesses.

“Jim Seneff exemplifies the IPA’s mission of driving innovation in the marketplace and ensuring all investors have the opportunity to effectively balance their portfolios,” said Anthony Chereso, president and CEO of the IPA. “As CNL celebrates its 45th anniversary, we are honored to be able to recognize Jim and the key role he has played in the development of the portfolio diversifying investment industry.”

Headquartered in Orlando, Florida, CNL Financial Group is a private investment management firm providing real estate and alternative investments. Since inception in 1973, CNL and/or its affiliates have formed or acquired companies with more than $34 billion in assets.

Click here to visit CNL Financial Group’s directory sponsor page.