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"This is money that you would sock away for 5 or 10 years and just let it compound and grow." - Harold Hofer
Takeaways
- The rise of retail investors has opened new opportunities in alternative investments.
- The Jobs Act of 2012 significantly changed the landscape for capital raising.
- Harold's investment strategy is heavily weighted towards real estate.
- He is bullish on private credit as a growing asset class.
- Alture Funds aims to provide access to institutional-quality investments for non-accredited investors.
- Harold emphasizes the importance of current yield in investment returns.
Harold Hofer was a crowdfunding pioneer when he launched Rich Uncles in 2012, featuring the first digitally delivered investment offering available to non-accredited, non-millionaire investors. Through its NYSE listing in 2019 (NYSE: MDV), Rich Uncles grew to thousands of investors and hundreds of millions of dollars of real estate acquired and managed.
Harold brings this pioneering knowledge and experience to Alture Funds. Alture Funds offers self-managed investment capital the opportunity to purchase shares in large, existing alternative investment funds that historically limited capital raising to "human" wealth managers. For the first time, these Alts are now available on a digital platform dedicated to connecting digital native, self-managed investors with large, legacy Alts sponsors, starting with $2,500.
Harold attended UCLA, where he holds undergraduate, Masters (Economics) and Juris Doctor degrees.
