Revere Opens EM Founders Fund To Investors

Feb 26 2013 | 12:55pm ET

New York-based and London-based Revere Capital Advisors has opened its portfolio of early-stage hedge funds, the Revere Emerging Managers Founders Fund, to investors.

Institutional clients and other external investors will have access to the fund, which Revere launched last April with proprietary capital to exploit “the most compelling investment opportunities” arising from its systematic research process.

The fund, which allocates to a concentrated portfolio of 10-12 managers, is domiciled in the Caymans; carries a $1 million minimum investment; and management and performance fees of 1% and 7.5%, respectively. Redemptions are quarterly, on 93 days' notice, the administrator is ISIS Fund Services and the auditor is Ernst & Young.

Said Camilla Balmer, Revere managing director, in a statement: “The early identification of these funds has allowed our team to build a lower cost portfolio by taking advantage of discounted fees offered to early investors. We are pleased to be able to share news about the REM Founders Fund and we hope that investors will be encouraged to learn more about it.”

Revere Capital Advisors was founded in 2008 by several former senior Man Group executives.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

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

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

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.