Tiptree Announces Rebrand of Asset Management Business
03 April 2024 - 10:55PM
Business Wire
Tiptree Advisors is a diverse led asset manager
with over $1.3 billion of AUM.
Tiptree Inc. (“Tiptree”) (NASDAQ: TIPT), today announces the
rebrand of its asset management business to Tiptree Advisors, LLC
(“Tiptree Advisors”). The new branding reflects the growth of our
business and the full integration of the Coherence Credit
Strategies, which was acquired in 2023.
Over the past two years, the firm has expanded its investment
expertise in investment grade and high yield credit to include
liquid long/short credit, co-investment strategies as well as
select other alternative assets.
Mark Black, Tiptree Advisors Global Chief Investment Officer,
said, “We are very excited about the opportunity to invest across a
variety of asset classes. The addition of the Coherence Credit
Strategies team and continued growth of our London-based team means
we have more resources with which to pursue our investment
strategy. We believe that a higher rate regime for the foreseeable
future will present enhanced opportunities in credit with greater
dispersion among issuers, which in turn will create attractive
return scenarios for fundamental credit investors like us.”
Looking forward, the firm will continue to look for expansion
opportunities that fit into the existing framework.
“We believe we have a compelling value proposition for certain
managers and strategies that are looking for a platform on which to
expand their own investment bandwidth,” said Brooke Parish,
President of Tiptree Advisors. “We are able to offer institutional
quality infrastructure including legal, compliance, IT and
strategic capital for firms that are seeking a long-term business
solution for the management of client assets.”
To learn more about Tiptree Advisors, please visit the firm’s
new website or LinkedIn page.
About Tiptree Advisors, LLC
Tiptree Advisors LLC is a New York-based asset manager and SEC
registered investment advisor. The firm has more than $1.3 billion
of assets under management and invests in U.S. and Europe
performing and non-performing credits alongside publicly traded
equities.
About Tiptree Inc.
Tiptree Inc. (NASDAQ: TIPT) allocates capital to select small
and middle market companies with the mission of building long-term
value. Established in 2007, Tiptree has a significant track record
investing across a variety of industries and asset types, including
the insurance, asset management, specialty finance, real estate and
shipping sectors. With proprietary access and a flexible capital
base, Tiptree seeks to uncover compelling investment opportunities
and support management teams in unlocking the full value potential
of their businesses. For more information, please visit
tiptreeinc.com and follow us on LinkedIn.
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Brooke Parish bparish@tiptreeadvisors.com
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