Alpha Equity's investment process has been refined by their investment team for more than eight years and incorporates real estate fundamentals and stock characteristics to capitalize on inefficiencies in a variety of market conditions. "Alpha Equity has an exceptional team of experienced professionals with a distinctive investment process," says Russell Appel, president of Praedium in a prepared statement. Both Alpha Equity and Praedium sources were unavailable for further comment by deadline.
Appel continues that "while Praedium's core strategy continues to be identifying opportunistic, value-added real estate deals, we are very excited to team with Alpha Equity and look forward to working closely with them on various real estate securities products."
Kevin Means, Alpha Equity's founder, managing partner, and real estate portfolio manager, says in a prepared statement that "we believe that their [Praedium's] private market expertise complements our public market experience, and that their well-established reputation in the real estate community complements our growing presence in the hedge fund community."
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