Monday, 22 December 2014
Last updated 2 hours ago
Oct 25 2010 | 2:03am ET
Emerging manager hedge fund platform Revere Capital Advisors' latest addition is a little older than the two-year-old firm is used to. Revere has invested in Quest Partners, a commodity trading adviser that, like Revere itself, is based in New York.
But unlike many of Revere's other partners, Quest is no spring chicken. The firm was founded nine years ago by Enterprise Asset Management and Avalon Asset Management veteran Nigol Koulajian, making it older than Revere by seven years.
"Revere’s founders have deep rooted experience in the selection and management of CTA strategies and are delighted to be partnering with a team as well established and respected as Quest," Revere CEO Dan Barnett said. "The fund’s liquidity, transparency and over ten-year track record make it an exceptional addition to the Revere platform.”
Quest runs a systematic futures and currency trading system that is active in 50 global markets. The firm is the fourth manager to partner with Revere, following Bayswater Asset Management, Broadmark Asset Management and Dickson Capital Management.
In addition, Revere last month struck a deal to buy research firm Align Advisers. It is also fundraising for a seeding fund that will invest in between 12 and 15 hedge funds over the next four years.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.