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

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note