Monday, 29 December 2014
Last updated 10 min 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.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.