Tuesday, 31 March 2015
Last updated 17 min ago
May 7 2007 | 11:23am ET
A trio of former Pacific Corporate Group executives has formed a new private equity advisory and investment management firm, signing up a couple of high-profile institutional investors as its first clients.
Leucadia Capital Partners, based in La Jolla, Calif., will provide research and investment expertise, and was created to fill a hole in the current p.e. advisory market, according to founder and CEO Monte Brem.
“Prior to forming LCP we spent extensive time with leading private equity general and limited partners who expressed a market need for additional adviser and investment management alternatives due to the departure of many market players to the fund-of-funds model,” Brem, the former president of PCG, a $15 billion p.e. firm, said. “LCP offers a specialized separate account (single limited partner) structure that is customized from an allocation and investment process perspective based on each client’s unique needs.”
LCP also announced that it has been retained by the $1.1 billion George Kaiser Family Foundation and the $500 billion Kuwait Investment Authority.
Joining Brem are fellow PCG alums Tom Keck, formerly head of research at PCG, as chief investment officer and former PCG managing director Jose Fernandez in the same position.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…