Wednesday, 22 October 2014
Last updated 11 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.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...