Phoenix American Announces New Client Partnership
Phoenix American Financial Services has announced a new client partnership with LaSalle Investment Management to support their new 1031 platform of products. Phoenix will support LaSalle with its advanced proprietary transfer agent system STAR-XMS, which combines advanced technology, a focus on customer service and decades of experience with the operational requirements of real estate funds and 1031 exchange funds.
The STAR-XMS transfer agent system is the result of Phoenix’s direct experience as a fund sponsor as well as decades of experience as an administrator for alternative investment funds.
LaSalle Investment Management is one of the world’s leading real estate investment managers. On a global basis, LaSalle manages approximately $68 billion of assets in private and public real estate property and debt investments as of third quarter 2019.
“LaSalle is one of the flagship names in investment management,” said Andrew Constantin, senior vice president of operations for Phoenix American. “We are very pleased that they have embraced the superior capabilities of our investor services platform and we look forward to working together.”