ACORE CAPITAL Launches Wealth Platform, Names Mick Manning President
ACORE CAPITAL, a commercial real estate credit manager, has launched ACORE CAPITAL Wealth Solutions, or ACWS, a platform to distribute its real estate credit and select equity strategies to financial advisers and their high-net-worth clients. Mick Manning, most recently with Bridge Investment Group, will lead it as president, overseeing the platform’s strategy, product development, and distribution.
ACWS strategies will include 1031 and 721 exchange structures, ACORE said. The company declined to discuss the terms, timing, or regulatory status of specific private offerings, saying information on any offering is provided only through its offering documents.
ACWS is starting largely from scratch. ACORE does not yet manage a material amount of assets directly for high-net-worth investors, the company said; those investors currently participate only as limited partners in the firm’s private funds.
ACORE said it plans to work with a third-party broker-dealer as dealer manager but has not finalized that arrangement.
ACWS will distribute through registered investment advisers and broker-dealer-affiliated advisers. ACORE said it expects to have a team in place by year-end, with external and internal wholesalers covering the West Coast, central U.S., and East Coast, plus an operations team in Dallas. Manning, who lives in Denver, will work from ACORE’s Dallas office and report to Warren de Haan, ACORE’s co-founder and chief executive officer.
De Haan said the firm continues to see deal flow across its business and that raising money from wealth investors will let it invest additional capital and deepen its relationships with borrowers.
The same originators, asset managers, and investment committee will serve institutional and wealth investors, the company said. ACORE’s allocation committee will allocate deals on a rotational basis among the firm’s eligible vehicles, and its closed-end funds will not be marketed to ACWS investors. Any transactions between an ACWS vehicle and another ACORE fund or account will be governed by the firm’s compliance policies and the Investment Advisers Act of 1940, including investor consent where applicable, the company said.
ACORE said it had $17.03 billion in assets under management as of June 30, a figure that includes funded loan balances and committed but undrawn capital, net of impairments. About 88% is commercial real estate credit. The remaining roughly $2 billion is real estate the firm owns and manages, some of which it took over through loan resolutions.
ACORE said it closed $1.13 billion in whole loans across 15 investments in the third quarter. Housing and industrial represented nearly two-thirds of that activity, and acquisition financing accounted for nearly 60%.
ACORE was founded in 2015 and has offices in New York, Los Angeles, Miami, San Francisco, and Dallas. In November 2025, Delphi Financial Group, a subsidiary of Tokio Marine Holdings, agreed to acquire a majority stake in the firm. The deal closed in February of this year.
Manning was most recently at Bridge Investment Group, now part of Apollo, where he was managing director and head of national sales in the firm’s client solutions group from 2024 until April 2026, leading distribution to RIAs and broker-dealers. Before that, he was managing director and head of capital markets at Forum Investment Group from 2022 to 2024. He was chief executive officer of Pacific Oak Capital Markets from 2018 to 2022, and earlier he spent 2006 to 2018 at KBS Capital Markets Group, where he also served as CEO from 2015 to 2018.
“Advisers and their clients are looking for access to the high-quality private real estate investment managers that institutional investors already trust, with a cycle-tested record. ACORE is just that,” said Manning.
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