Fri, Jun 22, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Revere Capital Advisors acquires Align Advisors to expand its manager research capability

Tuesday, September 14, 2010
Opalesque Industry Update - Revere Capital Advisors has announced the acquisition of Align Advisers, an emerging manager hedge fund research and advisory business based in New York. Revere, a New York and London based hedge fund platform and investment company focused on emerging managers, said the acquisition reflected its commitment to investors to identify and seed the most talented new hedge funds.

Align was founded by Stefan Zellmer to provide institutional investors research and advisory services on emerging hedge funds. Stefan will become the head of Revere’s manager research team. Stefan was formerly head of hedge fund research at UBP Asset Management and cohead of research at Arden Asset Management. He will be supported by senior analyst Michael Barron who also joins from Align, as well as the existing Revere research team. The expanded research platform will enable Revere to offer clients a broader array of products in the emerging manager space.

Dan Barnett, Revere’s founder and CEO said, “We are delighted to have the talent, quality and industry experience of Stefan and his team join Revere. The emerging manager space is experiencing a cyclical surplus in investment talent, resulting in an outstanding opportunity for hedge fund seeders. Revere is currently raising capital for a hedge fund seeding vehicle which we expect to allocate across 12-15 additional hedge funds over a four year period.”

Revere Capital Advisors was founded by a number of former Man Group executives, to invest in early stage hedge funds. The company aims to provide investors with access to the most talented emerging managers with a rigorous level of due diligence and on-going risk monitoring. For its partner managers, Revere offers sales, marketing and distribution capabilities coupled with corporate and advisory functions.

The current managers on Revere’s platform include Dickson Capital Management, a fundamental long/short equity fund based in London, Bayswater Asset Management, a systematic global macro manager based in San Francisco, Broadmark Asset Management, a San Francisco manager running futures and long/short full exposure strategies focused on the US market and Quest Partners, a managed futures hedge fund in New York. Corporate website: http://www.revereglobal.com

(press release)

- FG

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. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  2. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  3. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  4. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  5. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp