LotusGroup closes $19.4 million for its flagship IncomePlus fund
The LotusGroup Companies, LotusGroup Advisors and LotusGroup Capital, is a Denver-based Registered Investment Advisor (RIA) firm that combines innovative behavioral finance techniques with intriguing public and private investment programs to provide newly accredited clients with insider access to opportunities typically reserved for only the ultra wealth.
Today, the firm announced the closing of their flagship IncomePlus Fund (“IPF”), with $19.4 million in total equity raised. IncomePlus Fund is a diversified vehicle that makes direct and LP allocations to private investments that aim to achieve a degree of recession resiliency. The capital raise was joined by several independent RIA partners.
Launched in early 2018 and led by Raphael Martorello, the fund has delivered consistent quarterly distributions since inception and has also produced measurable NAV gains.
LotusGroup’s Alternative Asset Manager Louis Frank has helped to source and manage the fund’s portfolio of investments, include the following asset categories: green energy contracts, cell phone tower and billboard easements, litigation financing, asset-backed mid-market lending, life settlements, mobile home and MHC real estate value-add, and pre-leased real estate development.
IncomePlus Fund is currently over 98% activated and entering its four-year investment period before a two-year planned wind-down. The LotusGroup team plans to work with its growing RIA partners in developing and launching IPF2 during early 2020.
Founded in 2004, LotusGroup works with clients that have a minimum of $500,000 of investable assets, who are either high-income business owners or working professionals. They also work with retirees or soon-to-be retirees who have $1,000,000 of investable assets.