Bluerock Fund Advisor and the Bluerock Total Income+ Real Estate Fund (“Bluerock TI+ Fund,” “Fund,” “TI+,” tickers: TIPRX, TIPPX, TIPWX, TIPLX, TIPMX), the largest real estate sector interval fund, today announced it has won the Money Management Institute (MMI) / Barron’s Asset Manager of the Year (AUM <$25B) Award for 2023. The award seeks to recognize innovation and leadership in the investment advisory solutions industry and honors the asset manager that exemplifies innovation in delivering better outcomes for investors and financial advisors.
“We are pleased to win this prestigious award and on behalf of our shareholders, receive recognition from MMI/Barron’s and our peers, for our team’s hard work and dedication in delivering high risk-adjusted returns over the past 11 years in the Bluerock Total Income+ Real Estate Fund,” said Ramin Kamfar, Founder and CEO of Bluerock, and Chairman of the Bluerock TI+ Fund. “As a pioneer of the interval fund structure within the broker dealer, RIA and other intermediary distribution channels, we are proud to have delivered the proof of concept to pave the way for what is now a $69 billion interval fund industry with approximately 90 active funds.1 We have demonstrated that institutional private real estate is an essential portfolio diversifier in individual investor portfolios and can deliver consistent, attractive returns with low volatility,” added Kamfar.