Kyle Robey Steps Up as Head of Product at LODAS Markets
LODAS Markets, a pioneering online platform designed to connect buyers and sellers of illiquid real estate and alternative investments, has announced the appointment of Kyle Robey as Executive Vice President and Head of Product for its Transfer Agent business. Robey brings with him over 15 years of invaluable industry experience, having spent a significant portion of his career at SS&C Technologies. There, he developed strong relationships with various sponsors and intermediaries while contributing to the formation of critical infrastructure within the alternatives sector.
Experience and Vision
At SS&C Technologies, Robey played a key role in developing and integrating Alternative Investment Product Services (AIP) and enhancing the Depository Trust & Clearing Corp.'s (DTCC) trading and reporting platform. This extensive background aligns perfectly with LODAS Markets’ mission to innovate the way alternative investments are managed and transacted.
Significance of this Appointment
The leadership change comes at a crucial time for LODAS Markets, which launched its Transfer Agent business earlier this year. The platform is touted as the first comprehensive end-to-end solution in the industry, offering automated fundraising, investor management, and advanced liquidity features. At the core of this offering is LODAS' integrated secondary market that allows for rapid trade settlements, in some cases, within just one day.
Leadership Insights
Brian King, the Founder and CEO of LODAS, commented on Robey's appointment, stating, "This is an important step in our mission to drive innovation, efficiency, and automation in alternative investments. Kyle's extensive experience and industry relationships will provide significant value to our Transfer Agent business. We are eager to leverage our cutting-edge technology alongside his deep understanding of the needs of sponsors and investors."
The Importance of Automation
Robey also shared his enthusiasm about joining LODAS, noting, "I joined LODAS because of its distinct value proposition and ability to oversee the alternatives investing process from start to finish, including its unique secondary market. Today's sponsors and investors require flexible, automated solutions to succeed, and I'm thankful for the opportunity to help build the LODAS TA business." His perspective emphasizes the growing necessity for adaptable solutions in a rapidly evolving investment landscape.
Recent Milestones and Achievements
Recently, LODAS Markets reached a significant milestone by becoming the first platform to successfully execute fully electronic trades of Delaware Statutory Trusts (DSTs). This achievement not only showcases the platform's capabilities but also reinforces its commitment to enhancing efficiency in the alternative investments sphere.
Currently, among LODAS' most active offerings are non-listed Real Estate Investment Trusts (REITs) and Business Development Companies (BDCs), including important names such as FS Specialty Lending Fund, Franklin BSP Capital Corp, TriLinc Global Impact Fund, and CIM Real Estate Finance Trust. This variety illustrates LODAS’ ability to cater to diverse investment needs.
About LODAS Markets
LODAS, which stands for Liquidity On Demand As a Service, is a committed marketplace focused on enabling investors to find liquidity on their terms. Operating like a traditional public stock exchange, LODAS integrates technology with client portals, enhancing the user experience for buying and selling alternative and real estate investments. While the platform offers many advantages, it is crucial to acknowledge the inherent risks involved, as some securities may remain illiquid.
For additional information about LODAS Markets, interested parties are encouraged to explore the online platform and its range of services, highlighting its unique integration capabilities.
Frequently Asked Questions
What are the main responsibilities of Kyle Robey at LODAS Markets?
Kyle Robey will oversee the Transfer Agent business, focusing on product development, innovation, and enhancing customer experience.
What is LODAS Markets known for?
LODAS Markets is recognized for offering a fully automated online marketplace that connects buyers and sellers of illiquid real estate and alternative investments.
How does LODAS Markets ensure liquidity?
LODAS provides an integrated secondary market that facilitates rapid trade settlements, allowing transactions to be completed within a day.
Who is the CEO of LODAS Markets?
The CEO of LODAS Markets is Brian King, who actively promotes innovation and efficiency in the investment industry.
What achievements has LODAS recently accomplished?
LODAS Markets has recently become the first platform to execute fully electronic trades of Delaware Statutory Trusts, enhancing its position in the market.
