Monday, 20 October 2014
Last updated 2 hours ago
Sep 15 2010 | 2:44am ET
Emerging hedge fund managers platform Revere Capital Advisors is adding emerging manager research and advisory to its business line with the acquisition of Align Advisers.
New York-based Align was founded by Stefan Zellmer, who will remain with Revere as head of the combined firm’s manager research team. Zellmer, a former head of hedge fund research at UBP Asset Management and co-head of research at Arden Asset Management, will bring along senior analyst Michael Barron.
Terms of the deal were not disclosed.
“We are delighted to have the talent, quality and industry experience of Stefan and his team join Revere,” Dan Barnett, founder and CEO of Revere, said. “The emerging manager space is experiencing a cyclical surplus in investment talent, resulting in an outstanding opportunity for hedge fund seeders. Revere is currently raising capital for a hedge fund seeding vehicle which we expect to allocate across 12-15 additional hedge funds over a four year period.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...