Capital appreciation with secondary objective of high current income.
Aims to invest in issuers that are principally engaged in the real estate industry or real estate financing of which controls significant real estate assets. Seeks companies in countries which benefit from the economic and demographic drivers of demand, as well as constraints on potential competition from new supply. Alpine has searched for added investment benefits as shifts in demand and supply trends might favorably influence the prospects for many local and regional real estate cycles. Alpine aims to adjust the dynamics of the Fund’s portfolio by shifting emphasis over time to maintain a favorable balance among three pillars of real estate value — Premier Property Owners, Premier Property Developers, and Premier Property Financiers/Investors.