Mon, May 21, 2018
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. News Briefs - Warren Buffett: Target date funds aren't the way to go, Cambridge Analytica could be reborn under a different name[more]

    Warren Buffett: Target date funds aren't the way to go Planning for retirement can be complicated and stressful. This is why target date funds - funds that are managed based on when you expect to retire - are so attractive. Over time, the balance of stocks, bonds and cash evolve automati

  2. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  3. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven