Author Spotlight: Better than Alpha — three steps toward capturing excess returns Christopher Schelling, managing director of private markets at Caprock, has met with roughly 4,000 investment firms across all alternative asset classes, managed commitments totaling nearly $7 billion, and has led due diligence on more than 100 funds. All of that experience came into play in the writing of his book Better than Alpha: Three Steps to Capturing Excess Returns in a Changing World. (02/2025)