Benchmark Investments is an investment intelligence firm that delivers innovative solutions to help solve complex portfolio challenges for the evolving needs of investors across asset classes. Real estate, equity, and option market participants rely on our independent data and analytics to implement their precise market view relevant to their investment process.
Benchmark Investment’s indexes can be used as versatile tools to support active portfolio management by integrating into critical functions like risk, volatility and liquidity management. Many institutions need SCTRs to obtain strategic exposures in the core components of their investment portfolios and to achieve portfolio diversification. The range of uses can be used for tasks like making tactical adjustments to portfolios, rebalancing, transition management, cash equitization, and interim beta. Market participants are also attracted to benefits such as liquidity, ease and speed of use and low costs.
Benchmark’s index based innovations power investment products and strategies for some of the top leading firms including its franchise Real Estate SCTR℠ series.
Kevin R. Kelly
Founder, CEO & Managing Partner
Mr. Kelly responsibilities include the development and implementation of real estate, equity, and option investment strategies establishing firm investment policy. He is also responsible for the integration of both global macro and market valuation into a well-defined investment view, rationale, and strategy for portfolio construction. Kevin Kelly serves as the index portfolio manager for all the Benchmark Real Estate SCTRs.
Previously, Kevin Kelly founded Recon Capital Partners where he served as the Chief Investment Officer, Managing Partner and Portfolio Manager of affiliated funds. Funds managed included a long / short REIT hedge fund, domestic portfolios and international portfolios including DAX Germany, and the FTSE 100. At Recon Capital, Mr. Kelly led initial public offering of the Eagle Growth and Income (NYSE: EGIF) closed end fund after creating a custom options strategy for the portfolio as well as building their successful ETF (exchange traded fund) franchise which was later sold. Kevin Kelly previously worked for Goldman Sachs in the investment management division and Deutsche Bank’s debt capital markets group in London.
Mr. Kelly’s thought leadership on markets can be found throughout media outlets weekly. In September of 2014, Nasdaq named Kevin Kelly an ‘ETF Insider’ and he is frequently featured at industry events.
Kevin R. Kelly received a Bachelor of Science Degree in Finance, Summa Cum Laude, from the W.P. Carey School of Business and Barrett, the Honors College at Arizona State University.
Co-Founder & Partner
- Ground up development of several retail shopping centers
- Entitlement of several raw land parcels into master planned communities
- Ground up construction and development of a global hotel brand
- Winner of the ‘Retail Project of the Year 2013’ in Arizona after a successful acquisition and re-development of an infill city block project
- Winner of the ‘Retail Project of the Year 2016’ in Arizona for an adaptive reuse redevelopment of an abandoned warehouse into a mixed use entertainment and retail shopping destination
Since 1999, Mr. Agahi has also created and operated some of the most well known hospitality and entertainment concepts in the country.
Mr. Agahi has also had an extensive background in equities and the financial markets and has also co-founded a successful 501-C nonprofit foundation.
Mr. Agahi co-founded RuleBase Software in 1996, a CRM middleware based software company, with investors including Koch Industries, headquartered in Scottsdale, AZ.
Marketing & Operations Associate
Krista Kelly joined Benchmark in 2017. She is responsible for both the day-to-day operations of the firm and the timely execution of key business marketing initiatives. She is in charge of Benchmark’s education and investor outreach efforts including business development among investment advisors, financial planners, investment counsellors and family offices.
Previously, Ms. Kelly has served in several key account management positions including at an S&P 500 company. Kelly has earned her BA from Arizona State University.
Joseph Azzaro, CFA
Managing Director – Client Portfolio Solutions
Mr. Azzaro is a Managing Director and leads the business development team at Benchmark Investments. Mr. Azzaro manages institutional relationships and has significant experience in credit and security analysis.
Previously, Mr. Azzaro was a Managing Director, leading the business development team, at PhaseCapital. Mr. Azzaro was a Director of alternative investment sales at Stonehaven, a leading placement agent. Prior to Stonehaven, Mr. Azzaro was an Assistant Vice President in the Credit Risk Management department of Deutsche Bank. Mr. Azzaro earned a B.S. in Finance from the University of Scranton. Mr. Azzaro is a CFA charter holder and member of the CFA Institute, and the New York Society of Security Analysts (NYSSA).