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Article: Private Equity Mutual Fund Debuts on Schwab's Mutual Fund OneSource(R) Service.
- Article from:
- Business Wire
- Article date:
- March 3, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ALPS is Fund Adviser and Red Rocks Capital is Sub-Adviser
Fund Focused on Private Equity Investments
DENVER -- ALPS Fund Services, Inc. and Red Rocks Capital LLC announced today that Charles Schwab & Co., Inc. has added Listed Private Equity Fund as an investment option available to all Schwab clients through the Schwab Mutual Fund OneSource[R] service. This is one of the few products that invests in the common stock of publicly-traded private equity companies and offers it to investors in a mutual fund format.
The two firms launched the Listed Private Equity Fund in December 2007 with three share classes covering institutional and retail ...