The Institute for Portfolio Alternatives (IPA), a trade group representing the non-traded alternative investment industry, has elected Anne-Marie Vandenberg to serve as chair-elect for 2021.
Vandenberg currently serves as president, chief operating officer and portfolio manager of DWS’s RREEF Property Trust. She will become chair of the board in January 2022 and serve alongside 2021 chair of the IPA board and managing director at Blackstone, Leon Volchyok.
“Anne-Marie’s longstanding reputation as an established industry leader with deep industry expertise will be indispensable as we look toward a broad recovery into 2021 and beyond,” said Tony Chereso, president and chief executive officer of the IPA. “Our membership, and the industry as a whole, is fortunate to have high-caliber leadership from Anne-Marie, Leon and the entire IPA board of directors at the helm of our organization during a time of dynamic change and growth throughout the alternative marketplace.”
As 2021 chair-elect and 2022 chair, Vandenberg will be tasked with leading the board and guiding the strategic direction of the IPA.
“I’m eager for the chance to work alongside such bright and talented individuals throughout the IPA community,” said Vandenberg. “If the pandemic highlighted one thing for certain, it’s that investors are increasingly looking for options to diversify their portfolios beyond traditional stocks and bonds, and through my role as 2021 chair-elect, I’m grateful for the opportunity to lead the IPA in paving the way for broader access to portfolio diversifying investments and expanded transparency for all stakeholders.”
The Institute for Portfolio Alternatives is an advocacy and education group for the non-traded alternative investment industry. The organization seeks 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.