Emerging Manager Platform Revere Acquires Research Firm Align

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.”


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...