Altisource Asset Management Profile
Altisource Asset Management Corporation provides asset management and corporate governance services to institutional investors.
The company’s primary client is Altisource Residential Corporation (RESI), a public real estate investment trust that focuses on acquiring and managing single-family rental properties for working class families throughout the United States.
In addition to the services the company provides to RESI, it provides management services to NewSource Reinsurance Company Ltd., a Bermuda title insurance and reinsurance company.
Business Strategy
The company’s business strategy is to provide asset management services to RESI in a manner that builds long-term value and a stable income stream for RESI's stockholders while generating management fees to it; and develop additional scalable investment strategies and vehicles by leveraging the expertise of its management team.
History
Altisource Asset Management Corporation was founded in 2012. The company was incorporated in the United States Virgin Islands in 2012.
