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Easterly Takes Stake in James Alpha Advisors

James Alpha Advisors announced it has entered into a strategic partnership with Easterly, which has acquired a minority equity interest in the boutique asset management firm known for its flagship James Alpha Global Real Estate Investments Fund (JARIX). The firm also offers 11 other funds, managed by a combination of in-house teams and subadvisors.

“Easterly is providing growth capital and operational expertise that will enable us to drive growth, improve operational efficiencies, develop new markets and enhance our client experience,” said Kevin R. Greene, managing partner of James Alpha Holdings, the holding company parent of James Alpha Advisors.

Both Easterly and James Alpha Advisors are headquartered in Manhattan.

As part of the agreement, Easterly’s Darrell Crate will become CEO of James Alpha Advisors and partner with James S. Vitalie, who steps down as CEO but remains president, reporting to Crate. Greene will serve as chairman.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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