Sat, May 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers December 2013

Fund Profiles: Midwest Advisors, Strategis, Monte Capital, SA2

New real estate long/short fund up 8.5% YTD by capitalising on mispriced securities Benedicte Gravrand, Opalesque Geneva Rick Murray

Midwest Advisors, a new asset manager located in St. Louis, Missouri, was founded by Rick Murray, an ex-manager at Hovde Capital Advisors LLC, who wanted to capitalize on 15 years of experience analyzing and investing in real estate sector equities.

“I founded my firm in 2013 after spending six years at another long/short equity hedge fund manager that was focused on financial services and real estate,” he tells Opalesque. “The timing was such that I had the opportunity to pursue my entrepreneurial ambitions and start my own firm.”

Midwest now manages three traditional strategies and two alternative strategies – both long/short equity. The biggest one is the Dynamic Opportunities Portfolio; a $4m managed account which invests in the real estate sector, including REITs, REOCs, homebuilders, developers, residential and commercial construction companies, and real estate services companies. The portfolio, which was launched in January 2013, is up 8.5% YTD (net), and is listed in Opalesque's EManagers database.

“The strategy is a real estate sector focused long/short strategy investing in public equities,” Murray explains. “The investment philosophy is deep value on the long side where we are looking for very out-of-favor and mispriced securities where we believe we have an informational advantage to bring to bear, and in the form of very detailed fundamental analysis whereby we derive our own estimate of the companies' net asset value. From there we are able to determine the degr......................

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. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  2. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo

  3. Investing - China's HNA wants to invest in Value Partners, Risk parity investors reap rewards from rebalancing act, SoftBank's $100 billion tech fund rankles VCs as valuations soar[more]

    China's HNA wants to invest in Value Partners From Reuters.com: HNA Group has alighted on a logical, if pricey, target in Hong Kong. The deal-hungry Chinese travel conglomerate known for overpaying wants to invest in Value Partners, one of Asia's few sizeable independent asset managers,

  4. Opalesque Exclusive: Investors warm to ESG, but seek standardization[more]

    Bailey McCann, Opalesque New York: Asset managers and asset owners plan to double their investment in Environmental, Social and Governance (ESG) driven strategies over the next two years, according to a survey from BNP Paribas Securities Services. The report, "Great Expectations: ESG - what's nex

  5. Opalesque Roundtable: France's hidden strengths in AI and machine learning[more]

    Komfie Manalo, Opalesque Asia: All nations offer their strengths and weaknesses, but one that is undisputed is the quality of the French scientists, claimed Guillaume Vidal, co-founder of French technology startup Walnut Algorithms at the