Matthew Smagacz, CFA, FRM

Director of Private Investments

Among my little-known talents are …having a photographic memory but still managing to forget an item on the list every time when going out for groceries.

In my spare time… I read, I love live music and try to go whenever possible, play tennis, play the piano, spend time exploring and traveling with my family, baking overly complicated confections and being a lively member of the Peloton cult.

Some of my best skills I bring to my job.. intellectual rigor, a quantitative framework and a healthy dollop of common sense.

What makes you laugh the most? My nine-year-old daughter having glow stick dance parties to EDM, or “beat drop music” as she calls it.

What is your proudest accomplishment? Building a life with my beautiful wife, precocious daughter and goofy dog. I feel very lucky.

What is a saying that you live by? In my work: “Markets are never wrong – opinions often are.” – Jessie Livermore and in my personal life, “Be yourself; everyone else is taken.” – Oscar Wilde


Matthew Smagacz, CFA, FRM is the Director of Private Investments for Caprock. Prior to this, he spent six years as the Senior Investment Officer of the Wyoming State Treasurer’s Office where he was integral in the turnaround of the program as well as spearheading private investments for the $25 billion sovereign wealth portfolio. He has nineteen years of buy-side experience, specializing in investments across the alternatives space. He holds a BSBA in Finance from Washington University in Saint Louis and is a member of the Global Association of Risk Professionals, the CFA Society of Colorado, and the CFA Institute.