Sun, Dec 4, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Stenham acquires Montier Partners

Monday, September 06, 2010
Opalesque Industry Update - Stenham Asset Management, the multi-award winning asset management firm, has announced that it has substantially augmented its investment team with the acquisition of Montier Partners, a niche discretionary investment management provider. The deal was completed on 1 September 2010.

Dominique Montier, founder of Montier Partners, with 33 years’ investment experience, and Jeremy Alun-Jones, CIO of Montier Partners with 26 years’ investment experience, will join Stenham’s investment committee, which will now comprise nine investment professionals, with an average of 20 years’ investment experience. Jeremy will assume the role of Managing Director, which will allow Kevin Arenson, currently Managing Director and CIO, to focus exclusively on investment management and risk control. The rest of the Montier team joining Stenham include two senior research analysts and four business development/client service professionals.

Montier Partners was founded in 1996 to act as an investment advisor to its sister company Montier Guernsey LP which manages diversified hedge fund portfolios for family offices and institutions. Total assets are over US$ 400 million, bringing Stenham Asset Management’s total assets under management to US$ 3.5 billion.

Stenham Asset Management has been active in fund management for over 25 years focusing exclusively on delivering absolute returns for pension funds, charities, asset managers and family offices, including both discretionary portfolios and funds of hedge funds.

Kevin Arenson said: ‘We have, for some time now, been contemplating the separation of the roles of Managing Director and CIO at Stenham to allow me to concentrate exclusively on managing the Stenham portfolios together with the investment committee. The attraction of Montier was that it provided us with a highly suitable candidate for the position of Managing Director of Stenham Asset Management, expanded the current business development team and simultaneously augmented the investment team both at an operational and investment committee level.

We have known Montier Partners for a number of years and have been impressed with the ethos and owner-managed culture at Montier which, like that of Stenham, has capital preservation and a commitment to absolute returns with low volatility, at its heart. I look forward to working with Jeremy in his capacity as MD of our business and to the experience that he and Dominique will bring to our investment committee.’

Dominique Montier, Founder and CEO, Montier Partners Ltd added: ‘Stenham has its origins as a manager of family money like Montier and this means that at our core, we share the same values in terms of investment philosophy and risk control. I am looking forward to playing an active role in assessing future investments and looking after my clients’ assets for many years to come.’

Jeremy Alun-Jones commented: ‘We are delighted to be joining Stenham. They have an outstanding 25 year track record of achieving strong absolute returns but more importantly achieving these returns with a focus on managing and mitigating risks, both investment and operational. We were particularly attracted by the breadth of experience in their investment team and their substantial operational due diligence capabilities. I am looking forward to taking on the role of Managing Director which will allow Kevin to focus exclusively on managing the portfolios. Together we are confident we can continue to evolve and grow the Stenham business in the best interests of all our clients.’

(press release)


Stenham Asset Management has been active in fund management for over 20 years focusing exclusively on delivering absolute returns, and has built a multiple award-winning track record. It provides market-leading solutions for pension funds, charities, asset managers and family offices, including both discretionary portfolios and funds of hedge funds. Its clients are located mainly in the UK and Channel Islands, Europe, Southern Africa, Latin America and Japan. Total assets as at July 2010 were US$ 3.1 billion. Source


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released