Alesco intends to launch and manage a family of US and globalreal estate opened and closed-end mutual funds, separate accountsand hedge funds. Leupp, managing principal and senior portfoliomanager at Alesco, will serve as the chief executive officer andpresident of Alesco and as an executive vice president of NNNRealty Advisors.

Scott D. Peters, chief executive officer and president of NNN,says that Alesco "further strengthens our platform as we diversifyour product lines and revenue streams with the addition of mutualfunds." From Alesco's perspective, Leupp says, the San Mateo-basedfirm "gains access to a well-established broker-dealer network toexpand the reach of our marketing efforts," along with thefinancial strength and stability NNN.

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