PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Banking & Financial Services  | Education

Babson Professor Shulman Launches "Entrepreneur" Fund With $120M Seed Capital

Share with Twitter Share with LinkedIn

BABSON PARK, Mass., Jan. 2, 2014 /PRNewswire-USNewswire/ -- Babson College Entrepreneurship Professor Joel Shulman is launching a new mutual fund that invests in "Entrepreneurial" companies.

The new fund (ticker IMPAX), considered the first-of-its-kind, has been funded with over $120M in institutional capital.

Professor Shulman's private funds have an 8+ year performance track record and are based on his proprietary models for selecting entrepreneurial companies. YTD performance for the US All Cap fund is over 41% and approaches 50% for US Large Caps.

Historically, "Entrepreneur" funds provide very strong up-capture and risk-adjusted alpha relative to their benchmarks, though dip comparably when markets are weak.

In addition to the seed capital for the US All Cap Fund, the firm has just received $70M+ capital commitments for a US Large Cap fund. Expected launch date is scheduled for early 2014.

Dr. Shulman is a Chartered Financial Analyst, a Certified Management Accountant, and a Certified Cash Manager. He directs the Shulman CFA Review Program which provides training for investment professionals throughout the world. He is author or coauthor of numerous academic articles and books including Encyclopedia of Business, Leasing for Profit, Alternatives to Conventional Financing, Planning Cash Flow, How to Effectively Manage Corporate Cash, A Manager's Guide to Financial Analysis, The Job of Corporate Controller, and How to Manage and Evaluate Capital Expenditures. Dr. Shulman has consulted for small entrepreneurial firms and large corporations, including Coldwell Banker, Ford Motor Company, Freddie Mac, K Mart, Merrill Lynch, Salomon Brothers, Sears, and UNISYS. He is also an active consultant for the World Bank, assisting with the development of capital markets in Central Asia and republics of the former Soviet Union.​

Visit www.ERshares.com. For information on Prof. Shulman, visit http://bit.ly/1graVu6

This news release was issued on behalf of Newswise™. For more information, visit http://www.newswise.com.

SOURCE Babson College



RELATED LINKS
http://www.babson.edu

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release