Resource America Launches RE Securities Fund

Law360, New York (September 16, 2013, 1:37 PM EDT) -- Resource America Inc. has launched an institutional real estate global securities business in a joint venture with Australia-based investment manager Channel Capital, the specialized asset management company said on Thursday.

The partnership will establish the Resource Real Estate Global Opportunities Fund, which will be managed by Resource America and its subsidiary Resource Real Estate Inc.

The new joint venture represents an expansion of the real estate securities asset management business of Resource America, which launched Resources Real Estate Diversified Income Fund, its first real estate securities mutual...
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