Fri, May 26, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers April 2012

Seeders Corner
A new series: the manager of a seeding fund speaks to Opalesque

A very clean offering

This month, Opalesque talks to the co-founder of the Harvest Fund.

The Harvest Fund creates and manages private equity investments in emerging hedge fund firms. It is run by newly formed firm Harvest Funds Management, LLC (HFM), based in Westport, CT, an affiliated company of Moody Aldrich Partners, LLC. HFM is supported by Wilshire Associates Inc., which advises on manager research and manages the managed account platform.

Christopher Kelley

Christopher Kelley, co-founder and managing partner of the Harvest Fund, brought in more than twenty five years of private equity and hedge fund seeding experience to the business. Previously, he was co-founder and managing partner of Weston Capital Management's hedge fund seeding business where he incubated over ten firms and grew the platform to $1.2bn. He was also founder and president of Value Asset Management (VAM), a Bank of America-backed private equity holding company that took majority interests in premier investment firms.

"The Harvest Fund is a strategic type of investment fund," he told Opalesque in an interview. "What we want to do is both seed firms that have 'x' amount of capital, and provide acceleration capital for, for example, a firm that has already a quarter of a billion in AUM and wants to start to new fund."

The Harvest Fund has a three-year lock-up and so must attract 'sticky money.' It has U.S. onshore and offshore feeders, and a master fund. There is also a one-year liquidity lock share class targeted for high-net-worth individuals.

"The......................

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. J.P. Morgan Asset Management launches ultra-short income ETF[more]

    Komfie Manalo, Opalesque Asia: J.P. Morgan Asset Management, the $1.5tln investment management arm of JPMorgan Chase & Co., has launched the JPMorgan Ultra-Short Income ETF (JPST), an actively managed ETF that seeks to provide current incom