The Institute for Portfolio Alternatives (IPA), a trade organization representing the non-traded direct investment industry, elected 11 new directors at its recent board meeting during the IPAVision 2019 conference held last month in Toronto.
The IPA board has also added two new board positions to represent the industry’s wirehouse and custodian partners. IPA board members are each elected to a three-year term, and the new term begins on January 1, 2020.
“The IPA community is fortunate to have a high impact, diverse board that is laser focused and engaged on the future of alternatives, particularly for retail investors,” said Anthony Chereso, president and chief executive officer of the IPA. “Together, they offer their time, talent and resources to help advance industry initiatives while continuing to ensure that the IPA is a strong and effective advocate for the industry and American investors.”
The newly elected board members include:
- John Carter, Founder and Chairman, Carter Multifamily
- Mark Earley, Chief Executive Officer, Hines Securities
- Karen Garnett, Partner, Proskauer
- Mark Goldberg, Chief Executive Officer, Griffin Capital Securities
- Kamal Jafarnia, General Counsel and Chief Compliance Officer, Artivest
- Chrissy Lee, Co-President and Chief Operating Officer, Kalos Financial
- Mick Manning, President and Chief Executive Officer, Pacific Oak Capital Markets Group
- Frank McCarthy, Senior Vice President and General Manager, Third-Party Products Group, Ameriprise Financial Services
- Chris Milner, Head of Commercial Real Estate Investment Management, Cantor Fitzgerald
- Tim Rolfs, Vice President, Investment Product Management, LPL Financial
- Anne-Marie Vandenberg, President, Chief Operating Officer and Director, RREEF Property Trust
The Institute for Portfolio Alternatives is an advocacy and education group for non-traded alternative investment industry. They seek to raise awareness of investment products with low correlation to the equity markets, which include non-traded real estate investment trusts, business development companies, interval funds and direct participation programs.