Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Revere Emerging Managers Fund opens to investors

Tuesday, February 26, 2013
Opalesque Industry Update - Revere Capital Advisors (Revere), the London and New York-based boutique emerging hedge fund manager specialist, announces the official launch and opportunity to invest in its portfolio of earlystage hedge funds, the REM Founders Fund.

For several years, Revere has employed an investment process that seeks to identify hedge fund managers at the conception of their business. After identifying new launches, the REM Research & Investment team evaluates all relevant managers through a defined and repeatable due diligence process. Revere has now opened the Revere Emerging Managers (REM) Founders Fund to institutional clients and other external investors. They will also be able to access the entire Revere Emerging Managers research universe, as well as insight and advice from the team.

Revere decided to launch the REM Founders Fund last year in order to allocate its proprietary capital to some of the most compelling investment opportunities that were arising from its systematic research process and to develop a firm track record. In April 2012, the REM Founders Fund was formed with a view to allocating to a concentrated portfolio of 10-12 high conviction managers.

Commenting on the official launch, Camilla Balmer said: “The early identification of these funds has allowed our team to build a lower cost portfolio by taking advantage of discounted fees offered to early investors. We are pleased to be able to share news about the REM Founders Fund and we hope that investors will be encouraged to learn more about it.”

Dan Barnett, chief executive officer of Revere Capital Advisors was included in the panel for the Opalesque New York Roundtable in New York in October 2012. You can access that Roundtable here.

In 2011, Barnett was interviewed for Opalesque TV. Watch that interview here.

Press release

bc

What do you think?

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

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1