Atticus, Silver Point Vets Launch Hedge Fund

Jan 19 2011 | 11:37am ET

Two hedge fund veterans have teamed up to launch a new concentrated equity long/short fund.

Avi Fruchter and Avraham Mevorah, the founders of Anavon Capital, unveiled the firm’s maiden offering earlier this month, HFMWeek reports.

Fruchter formerly worked at Atticus Capital and Attara Capital, while Mevorah’s résumé boasts stints at Fortelus Capital, Silver Point Capital and Lazard.

Anavon’s Master Fund employs both fundamental analysis and a thematic top-down vision, according to HFM. It seeks stocks with asymmetric risk-reward profiles, and aims to hold between 30 and 40 longer-term positions at a time.

In addition to its founders, the U.K.-based firm has also hired a chief operating officer: Simon Shaner joined Anavon from Davidson Kempner Capital Management.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

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

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of