Private Company Index

[CrazyGolfer]

Anyone heard of a company called Entrex or the Private Company Index? Apparently they have developed a way for you to be able to invest in private companies, but I wanted to check to see if anyone has any experience with them before I decided whether or not to try it out. Any info you might have about them would be great. Thanks

[aiki14]

Originally Posted by CrazyGolfer

Anyone heard of a company called Entrex or the Private Company Index? Apparently they have developed a way for you to be able to invest in private companies, but I wanted to check to see if anyone has any experience with them before I decided whether or not to try it out. Any info you might have about them would be great. Thanks

These guys pitched me a year or so ago, heavy sell with lawyers and accountants etc, it's a type pf royalty contract, in microcap private corps. I remember there was only quarterly revaluations and near zero liquidity. You have to be an accredited investor, and I believe they wanted a minimum of $100k but it may have been $250K. I didn't go for it but they did look professional, I haven't tracked their performance so who knows how any investment may have done. I would rather be in a hedge fund if I am only gonna have 4 get outs a year. You should consider Citadel or the like if you're gonna go into this sort of thing, better (longer) track record.
Post what you come up with, I'd be interested in what they have done over the last year.

[CrazyGolfer]

Originally Posted by aiki14

These guys pitched me a year or so ago, heavy sell with lawyers and accountants etc, it's a type pf royalty contract, in microcap private corps. I remember there was only quarterly revaluations and near zero liquidity. You have to be an accredited investor, and I believe they wanted a minimum of $100k but it may have been $250K. I didn't go for it but they did look professional, I haven't tracked their performance so who knows how any investment may have done. I would rather be in a hedge fund if I am only gonna have 4 get outs a year. You should consider Citadel or the like if you're gonna go into this sort of thing, better (longer) track record.
Post what you come up with, I'd be interested in what they have done over the last year.

Thanks for replying. I will check into it and get back to you again when I get the chance.

[CrazyGolfer]

Here is the info I was able to find so far.

I found a press release on Yahoo saying that the Private Company Index just celebrated their 2nd anniversary. The article also says a little about how they keep track of the companies financial info for investors. Lastly it says that so far it has shown a 420% greater return than the average of the Dow, NASDAQ and S&P Small Cap 600 indices performance in the same 24 month period.

Here is where the yahoo press release is located. http://biz.yahoo.com/prnews/070913/aqth132.html?.v=12

Here is another press release I found that talks about their last quarter which showed monthly grow nearly three times greater than the NASDAQ index. http://www.pr.com/press-release/62005

Anyways, just wanted to share the information. Hope it is useful to you.

[AJLightning]

hmmm...

[netwrangler]

Comparisons based on percentages give me the willies.

[AJLightning]

Originally Posted by netwrangler

Comparisons based on percentages give me the willies.

you can spin it any way you want...but this is blowing away the other markets!!

[rozz]

Is there a minimum to invest? I couldn't find anything at their site.

[aiki14]

Originally Posted by AJLighting

you can spin it any way you want...but this is blowing away the other markets!!

The only question I have is how much of the increase do you see as an investor. It certainly is a nice chart. There are mutual funds performing in the same ROR range with fairly low expense ratios.
My recollection is they are closer to Hedge fund than mutual fund, but I can't remember for certain.

[aiki14]

Originally Posted by rozz

Is there a minimum to invest? I couldn't find anything at their site.

You have to be an accredited investor as per their website. The fund has a minimum investment of $250k, up from $100k when the fund was conceived. That info is per my Merrill rep, not from 1st hand knowledge.

Here's what an accredited investor is now

In the United States, for an individual to be considered an accredited investor, they must have a net worth of at least one million US dollars or have made at least $200,000 each year for the last two years ($300,000 with his or her spouse if married) and have the expectation to make the same amount this year. This rule came into effect in 1933 by way of the Securities Act of 1933.

New regs are being thrown around that increase the net worth to 3 or 5 million, and 500k for a couple per year.