J. Randall Waterfield participates in a number of charitable activities including serving as a board member for summer programs at Culver Military Academies, a group of college preparatory schools in Indiana. The work that J. Randall “Randy” Waterfield does with Culver Military Academies helps young people learn academics, practical skills, and character in a supportive and structured setting.
The academies run a number of special programs for students designed to foster leadership abilities and good citizenship. One of these is the Global Pathways Spring Program. Students who participate in the program travel over their spring break to both foreign and domestic locations where they participate in worthwhile activities. For example, in 2015, some participants flew to Mexico to distribute school supplies to needy children, and others went to Mississippi by bus to participate in a group meeting with fellow young Christians.
Another special program that the academies run for their students is the Culture in Chicago program. Four times a year, a group of up to 45 students travels to Chicago by bus to enjoy brunch and then some kind of cultural event in the afternoon. Past events have included performances by the Chicago Symphony, special exhibits at the Art Institute of Chicago, and performances of Broadway plays like “Wicked.” The program allows students to take advantage of the rich cultural opportunities of a major metropolis through the guidance of Culver Academies.
Waterfield Group Chairman J. Randall “Randy” Waterfield has served the Young Presidents’ Organization (YPO) in multiple capacities, first as the Chairman of its New York City chapter, then Chairman for the Northeastern U.S. Region, and now on the organization’s International Board. With the support of experienced professionals like J. Randall Waterfield, the Young Presidents’ Organization provides an opportunity for business leaders to engage with each other, networking to build leadership skills and community ties.
In addition to exclusive business events on local, regional, national, and international levels, members of the Young Presidents’ Organization have access to educational programs that focus on business, personal, and social impact issues. In this way, YPO promotes the principles of community, respect, and confidentiality among some of the world’s most respected leaders.
YPO is an invitation-only group, and those considered for admission meet specific criteria. Among these, prospective members must have attained the position of president, CEO, or chairman of a significant corporation before age 45, and must have a recommendation from at least two preexisting members. Membership, which is kept confidential, comprises a network of nearly 23,000 business people and their direct family members.
J. Randall “Randy” Waterfield is the Chairman of Waterfield Group, an investment management and securities company with international locations that span the globe. In 2014, J. Randall Waterfield brought his knowledge and experience as a financier to the hedge fund Red Oak Partners, LLC, acting as a member of the firm’s board of directors.
Red Oak’s philosophy is that outperformance is generated by a focus on proprietary research, a disciplined investment style, industry expertise and decades of institutional investing experience in the largely underfollowed small cap universe. This segment of the market has outperformed all larger indices every decade for the past 90 years, but attracts less money flow due to the proliferation of larger funds. After identifying under-followed, mispriced lower-middle market companies trading at attractive valuations, Red Oak often partners with management to unlock value by accelerating catalysts, and in some instances we accelerate these catalysts via activism.
Additionally, Red Oak’s investment and operational risk management is continuously evaluated through portfolio construction and world-class institutional service providers, respectively. Investment risk is managed through position size and adjustment, correlations and beta-adjusted portfolio exposure as well as infrequent use of index puts to hedge macro risk.