|
|
Article: ALPS Launches Industry's First Private Equity Portfolio for Use in Variable Insurance Products.
- Article from:
- Business Wire
- Article date:
- May 6, 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)
|
Red Rocks Capital to Sub-Advise
DENVER -- ALPS Fund Services, Inc., a leading provider of outsourced and advisory solutions to the investment management industry, today launched the AVS Listed Private Equity Portfolio for use by insurance companies in their variable insurance products. Red Rocks Capital LLC, a Denver-based investment adviser that specializes in creating products that invest in private equity, will serve as sub-adviser, with ALPS Advisers, Inc., as adviser.
"In December 2007, we launched the 'Listed Private Equity Fund,' an open-end mutual fund comprised of 30 to 50 recognized international and domestic publicly-traded private equity ...