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Alternative Assets  + Financial Advisory  + Latest News  + Real Estate  + RIAs & Financial Advisors  | 
Focus Financial-backed Kovitz Investment Group to Add Private Real Estate Fund Manager Origin Investments

Focus Financial-backed Kovitz Investment Group to Add Private Real Estate Fund Manager Origin Investments

Kovitz Investment Group Partners, a $7.8bn registered investment advisor (RIA) and affiliate of Chicago-based Focus Financial Partners, will partner with private real estate fund manager Origin Investments.

Terms of the deal, which is expected to close in the first quarter of 2023, were not disclosed.

Origin, which was established in 2007 by Co-CEOs David Scherer and Michael Episcope, primarily caters to the multifamily residential real estate market.

The deal is expected to increase Kovitz’s real estate fund offerings amid an increased interest in alternative assets by wealth managers and registered investment advisors.

Focus founder, CEO and chairman Rudy Adolf said, “Origin will add to Kovitz’s already robust private real estate solutions at a time when alternative investments are becoming increasingly important in meeting the needs of sophisticated investors.”

“Kovitz’s success as a leading wealth manager and private real estate investor made them the clear choice,” added Episcope.

Berkshire Global Advisors acted as the exclusive financial advisor to Origin for this transaction.

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Inside The Story

Focus Financial PartnersKovitz Investment Group PartnersOrigin Investments

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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