Tue, Oct 6, 2015
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. Performance - Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September, Risky strategy sinks small hedge fund[more]

    Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September From Reuters.com: Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America'

  2. Opalesque Exclusive: IRAs represent billions of untapped capital for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Retirement accounts might not be the first source that comes to mind for those looking to raise funds, but they may represent billions of untapped capital. Unlike traditional retirement accounts,

  3. Opalesque TV: One way to access market hedge funds in the EU under the AIFMD radar[more]

    Benedicte Gravrand, Opalesque Geneva: While the Cayman Islands, the US and Hong Kong await the pan-European marketing passport to be extended to alternative investment fund

  4. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  5. Vilas’ equity long bias hedge fund generates market-beating results[more]

    Komfie Manalo, Opalesque Asia: The Vilas Fund, an equity long bias fund managed by Chicago, Illinois-based Vilas Capital Management, posted five-year annualized returns, net of fees, of 23.47% vs. 15.87% for the S&P 500 Index, including divid