Investing: InstitutionsPrivate equity has played a critical role in the construction of institutional portfolios for many decades. Attracted by the potential for out performance and added diversification, endowments and foundations have steadily increased their average allocations to private equity from approximately 7% in 2007 to over 14% in 2010. Indeed, many of the largest endowments, those with assets in excess of $1 billion, allocate an even higher percentage to this key asset class with some exceeding 30%.* Unfortunately, large capital commitments, long lock-up periods, unpredictable drawdown schedules and the need for dedicated due diligence teams have made it difficult, if not impossible, for small and mid-size institutions to access a high quality, well diversified private equity portfolio. Through Red Rocks Capital, institutions and foundations of all sizes can now access a portfolio that provides both direct and indirect exposure to some of the world’s most sought-after private equity managers. Current holdings in the Red Rocks Strategy provide access to 9 of the world’s top ten private equity managers and over 85% of the top 50. The Carlyle Group, KKR, TPG, Apollo Global Management, The Blackstone Group, CVC Capital Partners and Bain Capital represent just some of the private equity expertise available through our portfolio**. In addition to top private equity managers, our strategy offers low minimums, liquidity, transparency and broad diversification in a structure free from placement fees and performance fees. The Red Rocks Strategy is available through customized separately managed accounts, mutual funds, exchange traded funds, select variable annuity contracts and other sub-advised relationships. For additional information or to schedule a discovery call, please forward inquiries to: dave.sprague@redrockscapital.com. *NACUBO-Common fund Study of Endowments 2011 |
