Sat, May 30, 2015
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. Opalesque Exclusive: New TMT hedge fund adopts the long-term approach[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Adam Parker founded Center Lake Capital LLC in New York in November 2014. Before that, he was portfolio manager at Point State Capital (the successor fund to Dr

  2. Regulatory - Hedge funds face tax as Iceland poised to end capital controls, Comment: Why alternatives need more transparency, not enforcement[more]

    Hedge funds face tax as Iceland poised to end capital controls From Bloomberg.com: Hedge funds and other investors who bought claims against Icelandís failed banks face a tax that targets the lendersí estates as the government prepares to unveil its plan for exiting capital controls in t

  3. Investing - Nelson Peltzís Trian Fund Management reduces position in Legg Mason, Biotech investors up big amid bubble talk, Hedge funds increase exposure in healthcare[more]

    Nelson Peltzís Trian Fund Management reduces position in Legg Mason From Octafinance.com: Trian Fund Management has filled a SC 13D/A form regarding Legg Mason, Inc. Per Nelson Peltzís Trian Fund Managementís filing, the filler reported decreased stake in the company by -11.05% to 11,03

  4. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AMís latest Weekly Briefing, in t

  5. Billionaire hedge fund investor Odey says April 'bloody', has cut risk[more]

    From Reuters/Yahoo.com: Billionaire hedge fund manager Crispin Odey has cut risk and leverage following a stunning 19.3 percent loss in his 3.1 billion euros (2 billion pounds) Odey European Inc fund in April, a letter to investors seen by Reuters showed. Describing the month as "bloody", Odey

 

banner