Wednesday, 1 October 2014
Last updated 8 min 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.
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…
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