Publicly traded equities and their associated funds are highly liquid instruments, usually turned into cash within a day or two. Private equity and credit funds often are not. In fact, many are subject to “lockups” or redemption restrictions, which can tie up investor money for years, even if they want out.
Most assets traded on major stock exchanges are highly liquid and the value they can be bought and sold for is clear. In the private equity world, that is not the case. Sometimes buyers and sellers of private companies/debt can diverge in their assessments of what their investments are worth, and this divergence can lead to some suspicious return calculations.
Investors need to be cautious jumping into the latest and greatest funds pushed by Wall Street. Oftentimes, there are perverse incentives for fund managers to put new money to work instead of making disciplined investments.
Private equity investments have typically been only available to “sophisticated” investors. New regulations are changing that. Our first in a multi-part post where we discuss the risks inherent in adding private equity to investment portfolios.
In the past we have written extensively about what we think investors “should” be doing. For this blog post, we flipped that on its head and put together a list of recommendations on how to be a poor investor. If you crave high stress and poor performance, these recommendations might be right for you!
We come across many clients and prospects who have purchased whole life insurance policies that don’t make sense for their financial situation. Insurance agents have a conflict of interest when selling these products to their clients as they earn substantial commissions from doing so. In this post, we hope to provide an unbiased analysis of whole vs term life insurance policies.
Blue River Capital Management, LLC is a registered investment adviser in the States of Oregon and Washington.
Jack, co-founder and Chief Investment Officer at BRCM, excels in investment research and portfolio management. Transitioning from litigation consulting to investment management, he previously served as a portfolio manager at Baker Ellis Asset Management. A University of Oregon graduate with an MBA, CPA, and CFA, Jack is a high-level amateur golfer who finds joy in family time and staying updated on investment research.
Co-founder of Blue River Capital Management, Philip blends his decade of expertise from Baker Ellis Asset Management with a Chartered Financial Analyst designation. His financial journey began at the University of Arizona, competing in golf while studying finance. Off duty, he’s engaged in golf, skiing, and serves on the Board of Directors for the First Tee of Greater Portland. His wide-ranging interests encompass cooking, reading, travel (especially to Sweden), curling, and quality time with fiancé Jess and their dachshund, Milo.
