Brendan Bradley Joins Global Alternatives as Non-Executive Chairman

  • People Moves
  • 06.03.2017 12:00 pm

Global Alternatives, an owner-operator of marketplaces for alternative investments, has announced the appointment of Brendan Bradley as Non-Executive Chairman as it prepares to launch Prop-X, a cross-border property trading exchange.

All securities originated by Global Alternatives’ Property Crowd platform will be listed on the exchange, along with private equity and debt issues backed by investment grade, global real estate assets from the institutional sector. This will offer investors the real-time liquidity of an exchange order book.

Property Crowd is currently offering investment opportunities with 10-12% IRR (Internal Rate of Return), with a launch of the Innovative Finance ISA accounts planned imminently. These investment opportunities are backed by Global Alternatives’ proprietary, cross-border, regulation-compliant infrastructure for private securities that leverages the company’s panel of exclusive institutional partners. Its Prime Custodian ModelSM provides investors with the transactional integrity and custodial safeguards associated with publicly-listed securities, transforming investment practice in the alternative finance arena. 

Brendan Bradley said: “Crowdfunding platforms have mushroomed as investors seek higher returns. Global Alternatives’ approach to institutional grade secured lending, with segregated client funds and securities held with independent custodians, is a refreshing race to the top rather than the bottom in terms of credibility.”

“Prop-X is a logical extension of Property Crowd, where users can source genuine secondary market liquidity, and allied to this is the concept of a prime broking type infrastructure around the trade which borrows from client protection models that are prevalent in more traditional asset classes.”

“The incumbent exchanges have not been so good at building alternative asset class liquidity, and with the demise of bank liquidity in a number of areas, this may not change any time soon. Therefore, there is a requirement to find alternative liquidity providers that can pick up the slack.”

Rohin Modasia, Founder and CEO, Global Alternatives, added: “Brendan has worked in the financial markets space for 30 years and has been at the forefront of new product development, technology and market structure changes.”

“Real estate is the largest of the alternative asset classes and yet still suffers from a lack of liquidity. New approaches to market structure are required to address those concerns so that a broader investor base can comfortably engage with the sector. We’re understandably delighted to welcome Brendan as we bring our vision to life.”

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