Saturday, 26 July 2014
Last updated 22 hours ago
Jun 3 2008 | 2:41pm ET
Red Rocks Capital, which invests in publicly traded private equity firms, has enlisted Echelon Capital Group, a multi-strategy boutique asset management firm, to market its wares to the institutional and intermediary markets.
Based in Golden, Colo., Red Rocks is managed by founders Adam Goldman and Mark Sunderhuse, and brings to market what it calls the first U.S.-based listed p.e. strategy, comprised of 30 to 50 publicly traded private equity shops. The strategy provides investors with daily valuation and daily liquidity.
“Plan sponsors have long recognized the advantages of including private equity access in their asset allocation. Unfortunately, the constraints of access and long lock up periods have been significant challenges,” says Echelon CEO John Zimmerman. “The Red Rocks Listed Private Equity strategy solves those problems by offering private equity exposure with daily valuation and daily liquidity.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…