Saturday, 23 May 2015
Last updated 17 hours ago
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."
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…