Co-founded Lake Partners, Inc. in 1989. As Co-Chairman of the firm, Rick oversees the firm’s research on mutual funds that utilize alternative strategies and helps direct the company’s team effort in asset allocation, investment research, and multi-manager investment programs. Rick has over 30 years of experience in the investment industry.

Rick is the manager of Lake Partners’ LASSO Long and Short Strategic Opportunities portfolio of alternative mutual funds. He also is the co-manager of two complementary strategies, LASSO Plus and LASSO Absolute.

Rick is a well-known speaker and author on alternative investments. He has been quoted in The Wall Street Journal, Barron’s, the Financial Times, Investor’s Business Daily,Business Week, and Bloomberg Television & Radio, among other publications.

As an invited speaker at the national 2003 SEC Hedge Fund Roundtable, Rick presented his white paper, “The Democratization of Hedge Funds,” analyzing the public policy issues of alternative strategies in mutual funds. Mr. Lake has also been an invited speaker at the Morningstar® Investment Conference, the London Business School, the MIT Sloan Investment Management Conference, and at financial industry conferences around the US.

Rick has appeared on CNBC and Bloomberg Television, as well as on Morningstar.com and TheStreet.com for Web videos on alternative strategies in mutual funds.

Along with Ron, Rick is co-editor of Private Equity and Venture Capital: A Practical Guide for Investors and Practitioners, published by Euromoney Institutional Investor PLC. The volume encompasses topics on private equity worldwide.

Rick began his investment career with Prudential Securities, after earning his Bachelor’s degree, cum laude, from Harvard in 1980.