Atticus, Silver Point Vets Launch Hedge Fund

Jan 19 2011 | 10:37am 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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…