El Segundo, Calif. (April 30, 2018) - Griffin Capital Company, LLC ("Griffin Capital") announced today it had attracted nearly $110 million of new investor flows for the month of April, an increase of 20 percent from the same period last year. The company attributes its momentum to the growing demand for its broad array of investment strategies and the distinctive value they bring to investors for the financial professionals who serve them.
The largest growth came from the company's interval fund segment. Griffin sales represented approximately 42.8 percent of all sales for alternative investment interval funds tracked by Robert A. Stanger & Co. Inc. in the first quarter of 2018. This level of capital raising outpaces its closest interval fund competitor by 67.5 percent for the same period.
Griffin Capital is the industry's fastest-growing investment manager of broadly-distributed interval funds with nearly $2.4 billion in assets under management. Through its subsidiaries, Griffin manages and distributes two interval funds under its Institutional Access® brand, as well as an array of non-listed real estate investment trusts (REITs) that focus on specific asset classes including net leased office and industrial, clinical healthcare, and grocery-anchored shopping centers.