The ALPS | Red Rocks Listed Private Equity Fund has surpassed USD200m in assets.

“Over the past decade, private equity has significantly outperformed traditional benchmarks, such as the S&P 500 and MSCI World Index,” says Adam Goldman, co-portfolio manager of the ALPS | Red Rocks Listed Private Equity fund. “We continue to focus our efforts on delivering a diversified portfolio of institutional-quality private equity managers in the world to our investors.”

“Alternative assets are becoming mainstream,” says Corey Dillon of ALPS. “While institutions, endowments and pension funds have used alternative investments such as private equity to help diversify their portfolios and potentially enhance returns for the past several decades, there has been a significant recent trend for asset managers to bring institutional-type alternatives to retail investors in mutual fund formats. The ALPS | Red Rocks Listed Private Equity fund is the first and largest actively managed mutual fund that enables investors access to many of the top private equity managers in the world in a liquid, daily-priced, mutual fund structure.”