As the financial markets reeled from the aftershocks of the 2008 global financial crisis, Alitis Investment Counsel (“Alitis”) – established in 2009 – embarked on a mission to redefine wealth management. Their goal: to incorporate alternative investments to act as a safeguard in their clients’ portfolios, allowing them to navigate market volatility in a fast-paced environment.
Now, as the Alitis Private Mortgage Fund celebrates its 10-year anniversary, Senior Portfolio Manager & Head of Real Assets, Mitchell Prothman, CFA, CFP® reflects on the journey that has positioned Alitis Investment Counsel as a trusted steward of more than $455 million in private client assets under management.
“As the head of real estate and the lead manager of the Alitis Private Mortgage Fund and the Alitis Private REIT, I get to be actively involved in the real estate market from a lender perspective as well as an equity and owner perspective. It’s working with our partners to see a vision and a property come to life that means the most to me,” Prothman reflects.
At its core, Alitis is committed to growing and preserving wealth, earning solid returns and offering clients a personal approach. These principles have guided the firm’s evolution over the past decade, enabling it to weather market volatility while delivering consistent value to investors.
How is the Alitis Private Mortgage Fund managed?
The Alitis Private Mortgage Fund investment strategy combines three different approaches to mortgage investing into one package:
- Private Mortgage Investment Entities – starting with a core of institutional and best-in-class private mortgage offerings to create a diversified foundation to mitigate risks.
- Publicly-Traded Mortgage Investments – striving to enhance returns by trading in public mortgage securities when their valuation is favourable compared to private mortgages. Public securities also provide further liquidity for the fund.
- Direct Mortgages – investing directly into specific mortgages to customize exposure, manage risk and enhance returns.
This investment opportunity is designed for investors looking to dive into the market for at least a four-year span or longer.
Offering a range of private and public mortgage options, what sets this fund apart is that it’s not confined to a single mortgage investment company, strategy, region, or manager. This diverse approach may enable individuals to broaden their investment portfolios with a variety of mortgage options.
If you are looking to diversify your investment portfolio, the Alitis Private Mortgage Fund could be the answer. As it stands, the fund includes over 9,000 different mortgages and returned 7.66% in 2023 and 6.99% since inception (Class E Units).
If you are looking to take the next big step toward improving your investment portfolio, Prothman encourages you to call 250-287-4933, email info@alitis.ca or visit Alitis Private Mortgage Fund website to learn more.
If you’re in the area, you will find the Alitis team in Campbell River at 101-909 Island Highway, the Comox Valley at 103-695 Aspen Rd, in Victoria at 1480 Fort St., or online at alitis.ca.