Hires Industry Consulting Firm Global ETF Advisors to Assist in
Managing the Project
In an effort to develop and enhance its single-point-solution exchange
traded fund (ETF) platform, Recon Capital Partners has turned to
consulting firm Global
ETF Advisors, led by industry veteran Richard Keary.
Mr. Keary previously served as an independent trustee of Recon Capital
Partners, the innovative ETF issuer behind the Nasdaq
100 Covered Call ETF (QYLD), the DAX
Germany ETF (DAX) and the FTSE
100 ETF (UK). In his new role as a consultant to Recon Capital
Partners, he will be responsible for building out the firm’s solution
for investment managers looking to launch their own branded ETFs while
utilizing the operational efficiencies Recon Capital created developing
its own funds.
“Recon Capital has designed a single-point-solution ETF platform that
goes beyond what is currently offered in the marketplace,” Mr. Keary
says. “Recon Capital is focused on building partnerships with its
clients who are collectively looking to raise assets and create
innovative investment products. Recon Capital executives Garrett
Paolella and Kevin Kelly are not just attracting high quality investment
managers; they are creating their own first-rate investment management
firm, and I am excited to join this team.”
Mr. Keary’s industry experience includes seven years at Nasdaq where his
responsibilities included building the exchange’s ETF listing business,
allowing him to receive a 360-degree view of the ETF universe. He owns
his own consulting business, Global ETF Advisors, which helps investment
managers, indexers and exchanges tackle and solve the challenges
associated with the ETF wrapper.
“Richard’s impressive, intangible background as an exchange executive
and industry consultant makes him the optimal person to be involved with
this platform, which we designed to build partnerships, assets and scale
to reduce the costs to our clients,” explains Mr. Paolella, CEO of Recon
Capital Partners. “We look forward to utilizing our ETF platform to
partner with best-in-breed investment managers who share our desire to
create innovative investment solutions.”
About Recon Capital
Recon
Capital Partners, LLC, is an SEC Registered Investment Adviser
headquartered in Greenwich, CT that uses its investment expertise and
operational infrastructures to deliver market-driven, value-added
products that meet the evolving needs of global investors. Please visit ReconCapitalPartners.com
for more information.
Shares are bought and sold at market price (not NAV), are not
individually redeemable, and owners of the Shares may acquire those
Shares from the Funds and tender those Shares for redemption to the
Funds in Creation Unit aggregations only, consisting of 50,000 Shares.
You should consider the fund’s investment objectives, risks, and
charges and expenses carefully before investing. Contact Recon Capital
Advisors at 1-844-RC-FUNDS/1-844-723-8637 or visit www.ReconFunds.com
to obtain a prospectus or summary prospectus which contains this and
other information about the fund. The prospectus or summary prospectus
should be read carefully before investing.
International investing involves risks, including risks related to
foreign currency, limited liquidity, less government regulation and the
possibility of substantial volatility due to adverse political, economic
or other developments. These risks often are heightened for investments
in emerging/developing markets or in concentrations of single countries.
The Fund is considered non-diversified and may be subject to greater
risks than a diversified fund.
The Funds are distributed by Foreside Fund Services, LLC, which is
not affiliated with Recon Capital Advisors, LLC or any of its affiliates.
About Global ETF Advisors
Global ETF Advisors is an independent management consulting firm that
specializes in the Exchange Traded Products industry. They offer
advisory services designed to enhance their clients' strategic vision
and execution capabilities. Experience includes launching financial
products, establishing new business units and service offerings for
global enterprises as well as working with start-up companies in
building their corporate and business development strategies.
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