Athena Capital Advisors Acquires FoF Stonehorse

Jul 25 2011 | 7:17am ET

Lincoln, Mass.-based investment firm Athena Capital Advisors has acquired Stonehorse Capital Management, a fund of funds manager with a focus on emerging hedge funds.

The value of the deal, which became effective June 28, 2011, has not been disclosed.

Founded in 1993 by Lisette Cooper, who also serves as CIO, Athena Capital Advisors is a privately held multi-billion dollar firm, offering comprehensive investment advisory services to private clients, endowments and foundations. Athena serves as its clients' chief investment officer and investment staff.

Stonehorse, co-founded by CIO Jared Perry, focuses on hedge funds smaller than $500 million or younger than 36 months in the long/short equity and event-driven spaces.

Said Cooper, founder and CIO of Athena Capital Advisors, "Each firm possesses unique strengths, and this acquisition elevates our exemplary model of customized service to the next level. Emerging managers are overlooked by most investors, leaving opportunities for greater performance for those who can source and evaluate these investments. The acquisition of Stonehorse will allow Athena to take advantage of Jared Perry's extensive experience in the emerging manager space, which he developed while managing Duke University's $1 billion emerging manager portfolio. Adding Stonehorse to the Athena family will enhance Athena's institutional profile and continue to build out our differentiated and world-class hedge fund program."   


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.