Resource Cap Added to Russell 3000

Resource Capital Corp., a Philadelphia-based specialty finance company that invests in real-estate-related and commercial finance assets, has been added to the Russell 3000 Index.The action came as part of the index's addition of 27 initial public offerings at the close of the market on March 31, the company said. The Russell 3000 index is composed of the 3,000 largest U.S. stocks, ranked by total market capitalization.