Wed, Jun 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers January 2013

Seeders' corner - Revere: psychology can help with manager selection

To Revere, psychology can help with manager selection

Dan Barnett

Revere Capital Advisors was founded in 2008 with the aim to seed a few single strategy hedge fund managers, CEO Dan Barnett told Opalesque. But the company evolved since then to a slightly different role, that of a research and advisory-driven business.

Back in 2008, managers could be seeded with $20m to $25m. But in 2009, the seeding business went back to the pre-2008 bigger tickets; the likes of Blackstone and Reservoir got involved, with GSAM joining them the following year.

"So it was clear to us that in the absence of more than the $50 million, $60 million that we had to invest, we wouldn't be a compelling force in the seeding world," he continued.

Revere is now an independent alternative investment firm focused on identifying and evaluating the most promising and relevant emerging hedge fund managers.

Over the last years, it has been building a process and a database that analyses emerging managers at the pre-launch and at the launch stage, and the firm makes "research and advisory services available to interested investors, particularly institutions, which want to first know more about the emerging manager space, and then perhaps participate more fully in some other active fashion," Barnett explained.

Revere also currently has a couple of asset management mandates, in which the firm is helping to compose customized portfolios of emerging managers for institutions. And it has just launched REM Marketing Solutions to offer marketing advice and product consulting to early-stage hedge fund managers.

Revere has its own fund too,......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. Visium hedge fund manager Sanjay Valvani found dead[more]

    Benedicte Gravrand, Opalesque London: A hedge fund manager connected with an insider trading case has apparently committed suicide. Sanjay Valvani, 44, a hedge fund manager at New York-based Visium Asset Management, was found dead in an apparent suicide on 21 June in his Brooklyn residence,

  5. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t