Price Asset Management, LLC (PAM) has been registered with the CFTC as a Commodity Trading Advisor (CTA) and a Commodity Pool Operator (CPO) since 2000, and has been managing its main commodities fund since 2007. PAM is an SEC Registered Investment Advisor, a member of the National Futures Association (NFA), and has adopted the CFA Institute Asset Manager Code of Professional Conduct.
Price Asset Management (PAM) has assembled a team of veteran investment professionals dedicated to building a family of investment products that offer transparent access to commodity and managed futures strategies. The PAM team represents a variety of disciplines including asset management, research, portfolio structuring, operations, legal, compliance, and institutional marketing and distribution. PAM has a long history of managing commodity portfolios with the objective of replicating the RICI®, including the PCS Commodity Strategy Fund.
Chief Executive Officer
Mr. Reese is Chief Executive Officer of Price Asset Management, LLC (PAM) and is PAM’s appointed representative to the Roger’s International Index Committee. Mr. Reese was most recently Executive Managing Director and Senior Vice-President of Wells Fargo Asset Management’s Evergreen Investments division. He was principally responsible for the European Credit Management Ltd. (ECM) investment subsidiary business in North America subsequent to its acquisition by Wachovia Bank in 2007, and Wachovia’s acquisition by Wells Fargo in 2008. At the time of Wachovia’s purchase of ECM, an institutional fixed income investment manager based in London, Mr. Reese was President of ECM Inc., the U.S. subsidiary, and a partner and member of the Board of Directors of ECM.
Before leaving to join ECM, Mr. Reese was employed by Merrill Lynch for over 20 years in a variety of capacities, including most recently as Managing Director in the Global Debt Markets division in New York, responsible for the Corporate, Insurance, and Pension Client Groups for North America; Head of Institutional Fixed Income Sales for Merrill’s Midwest Region in Chicago; and Head of Global Sales for BondBook LLC, a Goldman Sachs/Merrill Lynch jointly sponsored electronic trading platform.
Mr. Reese earned a B.A. in Economics from Westminster College with continuing study focusing on behavioral finance, portfolio management strategies, and global macro at Harvard’s Kennedy School, University of Chicago’s Booth GSB, Wharton, and MIT. He holds FINRA Series 3, 5, 7, 8, 24, and 63 licenses and is an NFA principal.
In 2010, Mr. Reese formed Peak View Capital LLC (PVC), a private firm focused on partnering with asset management companies.
Chief Operating Officer
Mr. Schink joined Price Asset Management, LLC (PAM) as Chief Operating Officer and General Counsel in 2012.
Prior to joining PAM, Mr. Schink was Chief Operating Officer, General Counsel, and Chief Compliance Officer of Contego Capital Partners, LLC, a registered investment advisor specializing in hedge fund investing from 2004 to 2011. At Contego he was involved in strategic and day-to-day business management and was responsible for legal and regulatory risk management.
From 2000 to June 2004, Mr. Schink was an associate at Kirkland & Ellis, LLP, where he represented private equity funds, registered investment advisors and other investment vehicles in a variety of transactions, including private equity fund formations, mergers and acquisitions, leveraged buyouts, recapitalizations, venture capital financings and joint ventures.
From 1998 to 2000, Mr. Schink was an associate at Sidley & Austin, where he represented financial institutions in structuring and negotiating structured finance and secured lending transactions, including mortgage-backed, trade receivables and insurance securitizations, collateralized loan obligations and senior secured credit facilities.
Mr. Schink holds a B.A. from Hamilton College and a J.D. from Boston University School of Law. He is an NFA principal and holds a Series 3 license. Since 2011, Mr. Schink has been a managing partner in Peak View Capital LLC, a private firm focused on partnering with asset management companies.
Mr. Konn is a Managing Director at Price Asset Management, LLC where he serves as a member of the PCS Commodity Strategy Fund’s portfolio management team and also attends the annual RICI® Committee which governs the Index and is chaired by Jim Rogers.
Mr. Konn joined the Price Group and became registered and a Member with Uhlmann Price Securities, LLC (UPS), our affiliated broker dealer, in early 2003. In 2006, Mr. Konn spearheaded PAM’s adoption of the Rogers International Commodity Index® (RICI®) methodology for use in managing client assets. Prior to joining Price, Alan spent 17 years as an investment executive with William Blair & Co. where he worked as a portfolio manager for high net worth clients focusing on security selection, asset allocation and overall investment strategies. Prior to that Mr. Konn was with the First National Bank of Chicago in the corporate finance department. Mr. Konn has a BA in Psychology from Hamline University and a MBA in Finance and Accounting from UCLA. He holds FINRA Series 3, 7, 24, 31, 63 and 65 licenses and is an NFA principal.
A complete introduction to PAM’s team can be found on the PAM website at www.priceasset.com.