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TowerPoint partners with AllianceBernstein to acquire assets in US, Canada and Puerto Rico

Thu, 24/07/2014 - 13:01

TowerPoint Capital has entered into an agreement with AllianceBernstein Private Credit Investors to facilitate its ongoing acquisition of assets and accumulate diversified portfolios in the US, Canada and Puerto Rico.

"We are thrilled with the opportunity to have AllianceBernstein as our exclusive financial partner and to have access to their significant financial and intellectual resources," says Jesse Wellner, chief executive officer of TowerPoint. "The backing of AllianceBernstein, a leading asset manager, further validates our relevance in the marketplace and underpins our growing momentum. Both TowerPoint and AllianceBernstein share common views regarding the attractiveness of the wireless infrastructure industry and are committed to creating value for our carrier, tower company and landlord partners."
"We are excited to work with TowerPoint's management team, who has a strong track record of serving sector participants by delivering creative and efficient solutions for investment in critical wireless infrastructure assets," says Brent Humphries, president of AllianceBernstein Private Credit Investors. 
AllianceBernstein Private Credit Investors is headquartered in New York. TowerPoint is headquartered in Atlanta, Georgia.

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