Sun, Sep 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Stonehorse Capital acquired by Athena Capital, to continue focusing on emerging hedge fund managers

Saturday, July 23, 2011

Lisette Cooper
Opalesque Industry Update – Fund of hedge funds manager Stonehorse Capital Management was acquired by Athena Capital Advisors in late June. The new firm will be called Athena Stonehorse, and should benefit emerging managers, which was a main focus of Stonehorse Capital.

"Each firm possesses unique strengths, and this acquisition elevates our exemplary model of customized service to the next level. Emerging managers are overlooked by most investors, leaving opportunities for greater performance for those who can source and evaluate these investments. The acquisition of Stonehorse will allow Athena to take advantage of Jared Perry's extensive experience in the emerging manager space, which he developed while managing Duke University's $1 billion emerging manager portfolio. Adding Stonehorse to the Athena family will enhance Athena's institutional profile and continue to build out our differentiated and world-class hedge fund program,” said Athena Capital’s Founder and CIO Lisette Cooper in a statement released by the firm on Friday.

Stonehorse focuses mainly on long/short equity and event driven emerging managers (those with less than $500m and fewer than 36 months track record). In 2009, Institutional Investor named co-founder and CIO Jared Perry one of the “Rising Stars of Hedge Funds”

Massachusetts-based Athena Capital, which was founded in 1993 is a registered investment advisor and has made the list of Forbes Magazine’s top 50 fee-only RIAs by AUM for two years, and been ranked by Wealth Manager Magazine #1 amongst top wealth managers by AUM per client.

Kirsten Bischoff

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. iCapital Network enters deal to acquire innovative U.S. private equity access fund platform from Deutsche Bank[more]

    Komfie Manalo, Opalesque Asia: Financial technology platform iCapital Network has entered into a definitive purchase agreement to acquire the US Private Equi

  2. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  3. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  4. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N

  5. ...And Finally - FAN-antic[more]

    From Newsoftheweird.com: Jeffrey Riegel, 56, of Port Republic, New Jersey, left 'em laughing with his obituary's parting shot at the Philadelphia Eagles. In it, Riegel asked that eight Eagles players act as pallbearers, "so the Eagles can let me down one last time." Riegel owned season tickets for 3