Some of the world’s innovative, growth and late-stage private businesses are hard to invest in. Accessing these types of private opportunities is often out of reach for many investors due to high minimum investments and long-term hold periods. In our latest manager conversation, Sightline Wealth Management’s Warren Gerow speaks with Jeff Parks, CEO and director at Stack Capital, which offers investors access to some of the world’s innovative and disruptive pre-IPO companies. During their conversation, Parks offers an inside look at how investors can incorporate private companies into their asset allocation mix without the high initial investment and long hold period.
Specifically, Gerow and Parks discuss:
- An overview of Stack Capital and its management team
- Why they decided to offer private equity from an exchange-traded vehicle
- Features that could make specific private companies an attractive investment
- Why and how Stack Capital acts as an active investor in each company
- An overview of their current portfolio allocation
- The two types of transactions utilized by Stack Capital
- The amount of deals conducted annually by the fund
- Stack Capital’s main competitors and how they might compare
- Whether or not the firm liquidates once a company launches their IPO
- Current challenges and potential opportunities for the private equity space
As always, please do not hesitate to contact us at (416) 945-6228 with any questions.
Important Information:
Warren Gerow is an independent investment wealth consultant at Sightline Wealth Management.
Sightline Wealth Management LP (“Sightline”) is an investment dealer and is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). Sightline provides management and investment advisory services to high-net-worth individuals and institutional investors primarily through fee-based accounts.
Sightline Wealth Management LP is a wholly owned subsidiary of Ninepoint Financial Group Inc. (“NFG Inc.”). NFG Inc. is also the parent company of Ninepoint Partners LP, it is an investment fund manager and advisor and exempt market dealer. By virtue of the same parent company, Sightline is affiliated with Ninepoint Partners LP. Information and/or materials contained herein is for information purposes only and does not constitute an offer to sell or solicitation to purchase securities of any issuer or any portfolio managed by Sightline Wealth Management or Ninepoint Partners, including Ninepoint managed funds.
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