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Alternative Assets  + Markets  + Real Estate  | 
Argosy Real Estate Expands into Public Markets, Forms Argosy-Lionbridge Management

Argosy Real Estate Expands into Public Markets, Forms Argosy-Lionbridge Management

Real estate investment firm Argosy Real Estate Partners (AERP), which focuses on private real estate funds, has formed Argosy-Lionbridge Management (ALM), an asset management platform focused on publicly traded real estate securities.

Co-founders of ALM predecessor firm Lionbridge Asset Management, Greg Morillo and Adam Feldman, will serve as ALM’s CIO and COO, respectively.

Morillo and Feldman held research and investment positions in public and private real estate for Kingstown Capital, The Talisman Group, Wesley Capital and Morgan Stanley.

David Butler and Andy Stewart, AREP co-founders and co-CEOs, will serve as co-CEOs of ALM and members of the ALM investment committee with Morillo and Feldman.

With a focus on taking advantage of liquidity in the public markets and pricing inefficiencies, Stewart said, “We believe compelling investment opportunities exist in inefficient and overlooked areas of the public real estate securities markets.”

The Wayne, PA-based AERP manages $2.5 billion focused on opportunistic, value-add, core-plus and Opportunity Zone real estate investments in the middle market.

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Argosy Real Estate Partners

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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