Pensco Names Stephen George to Its Board of Directors - Insurance News | InsuranceNewsNet

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July 7, 2014 Newswires
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Pensco Names Stephen George to Its Board of Directors

Proquest LLC

Pensco reported that Stephen J. George, founder and managing partner at Omaha-based Panorama Point Partners, has joined the company's Board.

In a company release, Pensco said that George's appointment comes as Pensco reports demand for private equity.

"Investment opportunities in private equity are growing, and have become only more accessible to individual investors via crowdfunding platforms and new private equity marketplaces," said Kelly Rodriques, chief executive officer, Pensco. "Stephen is a widely respected and distinguished figure in the private equity space, and his addition to our board will help us chart a course for growth that includes both meeting the needs of PENSCO's individual investor clients and maximizing opportunities with private equity fund sponsors, private placement issuers and third-party private equity crowdfunding platform partners."

Panorama Point Partners invests and works with promising private companies, providing both financial capital and strategic business development support.

"Our investment in Pensco underscores the fact that we are very excited about the possibilities that lie ahead for the company as increasing numbers of individual investors begin to incorporate alternative investments into their long-term retirement planning," said George. "I have spent the majority of my career helping institutional investors leverage alternative strategies and now I hope to leverage the depth and breadth of that experience to make these types of opportunities available to individual investors too."

George has a 25 year history in private equity and investment management. Prior to founding Panorama he was the co-founder and chief investment officer at Capricorn Investment Group. Earlier in his career he served as a vice president at Goldman Sachs in an investment management capacity.

Pensco is an alternative asset custodian helping investors buy, hold and divest non-publicly traded investments in tax-advantaged accounts.

More information and complete details:

www.pensco.com

www.panoramapoint.com

((Comments on this story may be sent to [email protected]))

Copyright:  (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.
Wordcount:  300

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